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2. Writing a Letter of Instruction for Your Estate Plan - AOL

   www.aol.com/news/writing-letter-instruction...

   A comprehensive estate plan often includes writing a last will and testament to transfer your assets to your beneficiaries. Once you've passed away, the executor of your will shepherds the will ...

3. Advancement (inheritance) - Wikipedia

   en.wikipedia.org/wiki/Advancement_(inheritance)

   However, if the doctrine of advancement is applied, then the $20,000 already given to A would be considered part of P's estate advanced to A. Thus, the estate would still be valued at $100,000, and each heir would be entitled to $50,000, with the $20,000 already given to A being counted as part of his share.

4. Administration (probate law) - Wikipedia

   en.wikipedia.org/wiki/Administration_(probate_law)

   The court does this by granting letters of administration to the person so entitled. Grants of administration may be either general (where the deceased has died intestate) or limited. [1] The order in which the court will make general grants of letters follows the sequence: The surviving spouse, or civil partner, as the case may be; The next of ...

5. Power of appointment - Wikipedia

   en.wikipedia.org/wiki/Power_of_appointment

   A special power of appointment allows the recipient to distribute the designated property among a specified group or class of people, not including donee, donee's estate, creditors of donee, or creditors of donee's estate. [2] For example, a testator might grant his brother the special power to distribute property among the testator's three ...

6. 4 Things That Should Be in Your ‘Financial Love Letter’ (aka ...

   www.aol.com/finance/4-things-financial-love...

   To help you understand the elements that should be in your own financial love letter, GOBankingRates talked to several estate planning experts. 1. A Proper Will and Revocable Living Trust

7. How to Write a Residuary Estate Clause in a Will - AOL

   www.aol.com/write-residuary-estate-clause...

   When mapping out your estate plan, you may come across the term "residuary estate." In simple terms, a residuary estate is any part of your estate that hasn't been distributed to your heirs ...