http://www.pacificarticles.com en-us http://www.pacificarticles.com N/A rchamria@gmail.com Fri, 21 Nov 2008 01:03:52 -0500 20 http://www.pacificarticles.com/articles/2889/1/Wills-and-Trusts/Wills-and-Trusts.html When a person makes a will, he specifies what happens to his possessions and assets when he dies. A trust provides an entity for owning and managing assets. It is created when a trust maker transfers part of his assets to another person or corporation called trustee, which controls the assets. The trustee also helps in managing and distributing assets to beneficiaries. josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2888/1/Free-Wills/Free-Wills.html Life is beautiful but never guaranteed. Death is inevitable and may come at any time. However, despite this suddenness, it is possible to plan for family members and loved ones before this happens. Writing a will solves almost all legal complications after death. It is advisable to hire a will writing service and draft a legal declaration of how possessions are to be distributed or disposed after death. josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2887/1/How-to-Write-a-Will/How-to-Write-a-Will.html A will provides information about the transfer of property, ornaments or land, from the testator to his beneficiaries, after his death. Everyone, regardless of age, needs a will. Without a will people wouldn’t know where their assets would go. Writing a will is one of the most important things an individual can do in his or her lifetime. There are intestacy laws for those who do not make a will. But it is wise that the transfer of property be made in accordance with the deceased's wishes, as expressed in the will. A high proportion of adults own assets in the form of houses, cars, shares and insurance policies. josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2886/1/Last-Will-And-Testament/Last-Will-And-Testament.html A will is a legal document that is written to guarantee that the money and belongings of the testator are left to people or organizations desired by him. Without a will, the estate can be subject to many problems. Relatives may also dispute over property, leading to lengthy court proceedings. josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2885/1/Wills/Wills.html A will is a legal document that determines what happens to a person’s property after his or her death. A will states who receives property and assets and in what amount. Property distributed under the terms of the will become the probate estate. Making a will is a responsibility, as well as a right that is protected by law. josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2884/1/Will-Writing-Services/Will-Writing-Services.html A will is a legal document that contains a declaration stating how to distribute a person’s possessions after his death. It declares who should own belongings and assets after death of the testator, i.e. the person whose will is being drafted. Using will writing services is a safe and secure way of ensuring stability of loved ones after death. josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2883/1/An-Introduction-To-Living-Wills/An-Introduction-To-Living-Wills.html A living will is a legal document, which lets a patient decide whether or not to be kept on artificial life support. Often, these documents also appoint someone to take important health care decisions on behalf of the patient. A living will could be a very broad or a narrow document, prepared according to the wishes of the patient. The will is a living declaration of people’s wishes when they meet with serious accident or ailments. It is primarily directed to medical personnel about the type of care the patient wishes to have, or wishes not to have, under situations of terminal illness. josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2882/1/Probate-Sales/Probate-Sales.html In this article we’ll see who can sell the assets of the decadent and how it is done. josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2881/1/Probate-Research/Probate-Research.html Probate research is, in a sense, a study about family trees. Genealogists and historians are particularly apt to undergo probate research. Probate records give immensely invaluable information to them. josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2880/1/Probate-Records/Probate-Records.html All important documents which are used in the probate process are known as probate records. The first category of records relate to personal properties which are to be submitted to the court. josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2879/1/Probate-Law/Probate-Law.html This article gives an outline of the legal requirements involved in the probate process. Probate is the judicial process whereby property of a dead person is transferred according to either the decedent's will or laws of intestate succession. josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2878/1/Probate-Court/Probate-Court.html Probate court is the office where all probate issues are handled. The probate court handles all matters of probate, right from admitting the petition for probate until issuing the order for transfer of property to heirs and beneficiaries. josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2877/1/Probate/Probate.html Probate is a legal process in which the authenticity of a will is proved; total properties identified, inventoried and appraised; taxes and debts paid; and the remaining properties distributed. The term "probate" is derived from the Latin word "probare," which means "to prove." josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2875/1/How-To-Avoid-Probate/How-To-Avoid-Probate.html Probate can take anywhere from a few months to several years. It's expensive. Court fees and attorney's fees can come to around 5% of the estate's value. Hence, it is always better to avoid probate. There are possibilities to do this well within legal limits. josh_riverside@pacificarticles.com (Josh Riverside) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2874/1/Wills---The-Importance-of-Writing-a-Will/Wills---The-Importance-of-Writing-a-Will.html A successful business man who was meticulous in keeping his paper work up to date all of his life died without writing a will. Even though he was nagged by his accountant and solicitor to write one, he avoided writing a will. Not wanting to face the reality of being a mortal, he avoided facing the issue of death which always crops up whenever he thought of writing a will. anastasia_phocas@pacificarticles.com (Anastasia Phocas) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2873/1/Importance-of-Living-Wills/Importance-of-Living-Wills.html The concept of a living will was first put forward by Louis Kustner in the year 1969. Available statistics indicate that less than a quarter of the American population has a living will. However, an overwhelming number of people have responded to the idea of having one created. This can be attributed to the awareness, interest and even outrage generated by the Teri Schiavo incident, which managed to occupy the front pages of newspapers across the country for several weeks. A controversy was created when the court passed the final verdict, ordering her life support systems to be removed. It has been argued that what happened to Teri Schiavo was unfair and that she should have had a say in her medical treatment. This event acted as an eye opener to several people. marcus_peterson@pacificarticles.com (Marcus Peterson) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2872/1/Living-Will-Formality/Living-Will-Formality.html Living wills do not require any mandatory legal forms to be filled; however, in order to cement your position, a living will can be supplemented with a traditional will and a health care power of attorney. A health care power of attorney is a legal document that appoints a person of your choice as your authorized agent, usually referred to as a health-care proxy, who can make medical decisions for you when you are not able to. A living will can also be accompanied by records and accounts of medical history, for the doctor to be able to get a fair idea of the patient's background. marcus_peterson@pacificarticles.com (Marcus Peterson) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2871/1/Living-Wills/Living-Wills.html Living wills are documents that contain the wishes and desires of people regarding their medical treatment in the event of their being unable to correspond with their doctors and relatives due to incapacitation. Also known as advance health care directives, living wills are legal instruments that have been signed by witnesses and notarized. A living will is enforced when the medical experts are absolutely certain that there are no possibilities for the renewal or revitalization of a person's health and that death is sure to occur sooner or later. marcus_peterson@pacificarticles.com (Marcus Peterson) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2870/1/Free-Online-Living-Will-Forms/Free-Online-Living-Will-Forms.html Easy access and availability of information has made the creation of a living will very simple. If you cannot afford an attorney due to financial constraints but still desire to create a living will, it is entirely possible to do so. Living will forms are available free of charge on the Internet. A few websites where forms can be downloaded include... marcus_peterson@pacificarticles.com (Marcus Peterson) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2869/1/The-Importance-of-Living-Wills/The-Importance-of-Living-Wills.html If you are wondering about how to prepare for the future, it's a nice idea to consider writing up living wills. You can often see both old and young people, especially the young, who live on as they are not mortal. It quite weird and also difficult to think about living wills in the daily life, but maybe we should all consider it as terrible things happen and it will be a lot easier for us if we are prepared for them. morgan_hamilton@pacificarticles.com (Morgan Hamilton) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/2868/1/Living-Will/Living-Will.html A living will can save your family from taking critical decisions when you’re in the terminal stage of illness. This is a legal document that allows you to decide in a pre written statement directed to the healthcare professionals the critical steps to be taken in case you can no longer speak for yourself. gabriel_adams@pacificarticles.com (Gabriel J. Adams) Wed, 11 Oct 2006 00:00:00 -0400 http://www.pacificarticles.com/articles/1516/1/Living-Wills---10-Most-Common-Questions/Living-Wills---10-Most-Common-Questions.html Today, more than ever, you need a Living Will. Discover the 10 most common questions you need answered so you too can have peace of mind. bc_phillips@pacificarticles.com (Barbara C. Phillips) Tue, 18 Jul 2006 00:00:00 -0400