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  2. Advance healthcare directive - Wikipedia

    en.wikipedia.org/wiki/Advance_healthcare_directive

    An advance healthcare directive, also known as living will, personal directive, advance directive, medical directive or advance decision, is a legal document in which a person specifies what actions should be taken for their health if they are no longer able to make decisions for themselves because of illness or incapacity. In the U.S. it has a ...

  3. 3 Benefits of Using a Living Trust to Pass an Inheritance to ...

    www.aol.com/3-benefits-using-living-trust...

    Image source: Getty Images. 1. You don't have to go through the probate process. When it's time for a will to be executed, it goes through a process called "probate." During probate, a court ...

  4. Five Wishes - Wikipedia

    en.wikipedia.org/wiki/Five_Wishes

    Wish 4: "How I Want People to Treat Me" – This section speaks to personal matters, such as whether one would like to be at home and whether a person would like someone to pray at their bedside. Wish 5 : "What I Want My Loved Ones to Know" – This section deals with matters of forgiveness, how a person wishes to be remembered, and final ...

  5. Will and testament - Wikipedia

    en.wikipedia.org/wiki/Will_and_testament

    Legacy – testamentary gift of personal property, traditionally of money. Note: historically, a legacy has referred to either a gift of real property or personal property. Legatee – beneficiary of personal property under a will, i.e., a person receiving a legacy. Probate – legal process of settling the estate of a deceased person.

  6. If you want to help your kids bypass probate when you die ...

    www.aol.com/finance/want-help-kids-bypass...

    A trust is a document that allows you to keep control of your money and property and designate who receives it once you die. “Revocable” means you can change the terms at any time while you ...

  7. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    For example, an estate plan may include a healthcare proxy, durable power of attorney, and living will. After widespread litigation and media coverage surrounding the Terri Schiavo case, estate planning attorneys often advise clients to also create a living will, which is a form of an advance directive. Specific final arrangements, such as ...

  8. Testamentary disposition - Wikipedia

    en.wikipedia.org/wiki/Testamentary_disposition

    Legacy, testamentary gift of personal property, traditionally of money but may be real or personal property; Life estate, [1] a concept used in common and statutory law to designate the ownership of land for the duration of a person's life

  9. How Exactly Do I Calculate My Average Value of Personal ...

    www.aol.com/finance/exactly-calculate-average...

    Peace of mind is priceless. But having an accurate value of your personal property can help protect you from loss, damage, or theft. As a best practice, keep an updated inventory of your personal ...

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