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On top of this, if you reach full retirement age and were born before Jan. 2, 1954, you can choose to receive your ex-spouse’s benefits, delaying your own. This will mean a higher monthly payout ...
If a beneficiary to a will dies before they can inherit, the results can range widely. The assets might travel to the beneficiary’s heirs in a chain of inheritance, they might proceed to the ...
You can apply for either, depending on which will yield the higher monthly payout, and you can switch from one to the other later. In some circumstances, spouses can get survivor benefits before ...
In the law of inheritance, wills and trusts, a disclaimer of interest (also called a renunciation) is an attempt by a person to renounce their legal right to benefit from an inheritance (either under a will or through intestacy) or through a trust. "If a trustee disclaims an interest in property that otherwise would have become trust property ...
Portability is a provision that allows a surviving spouse to add any remaining federal estate tax exemption from the deceased spouse to their own. Here’s how it works.
The modern view is that where a beneficiary was intended to inherit part of the residuary estate who predeceases the testator, and that beneficiary is not covered by the anti-lapse statute, then that beneficiary's inheritance will return to the residuary estate, to be inherited by the other beneficiaries to whom the residue has been willed.
This can cause difficulties where for example the elder person had children prior to marriage. The rules can be ousted if inappropriate by an explicit provision in a will. An example is the death in 1941 of Josiah Stamp and his son Wilfred Stamp who died together when Josiah's house was bombed; Josiah was said to be the second richest man in ...
• A court order issued in the United States that satisfies AOL's requirements. AOL will provide you the required language for the court order. You can request access to/transfer of ownership of an AOL account through this form.