| Coverage of Healthcare Directives |
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| By appointing a medical proxy, you can ensure that there will be someone to lobby on your behalf to get your wishes enforced, to make sure medical personnel know of your wishes, and to enforce your healthcare directives in court, if necessary.More... |
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| Letters of Instruction |
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| Your will should not mention each one of your possessions because their value and nature change as time goes on. Revising your will upon every change would be both inconvenient and costly. Instead, your will should use general language in addressing the disposal of your possessions. However, it is important that you keep an updated record of all your possessions in order to assist your survivors.More... |
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| Trust Modification and Termination |
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| A court will modify a trust where the trust's leading purpose is frustrated by a specific directive made by the trustor.More... |
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| Precatory Language, Ademption, and Abatement |
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| One of the main purposes for making and leaving a will is to guide the administration of the estate of the testator--the person who made the will. A will should be written in language that is clear and indisputable. Alas, the language in a will may be unclear or vague. This article discusses the will interpretation and construction issues of precatory language, ademption, and abatement.More... |
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| Tax Elections - Deferral and Disclaimer |
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| A remainder interest is a future interest in property that comes into existence after a prior interest terminates. For example, a decedent may have set up a trust under her will and provided in the trust that her husband is to receive the income from the property in the trust for his lifetime, and that the principal at his death is to go to their children. The children receive what is left (the remainder) when the husband's interest terminates. More... |
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