The number of self-help products on the market would lead you to believe that preparing a will is a simple matter. Nothing could be further from the truth! Consider that an improperly drafted and executed will could result in your final wishes being disregarded.
Issues such as disposition of assets; guardianship, testamentary trusts, buriel, memorial services and gifting are commonly addressed.
Beneficiary – In a legal context, a “beneficiary” usually refers to the person for whom a trust has been created. May also be referred to as a “donee” or, for legal tecchies, as a cestui que trust. Trusts are made to advantage a beneficiary (ie. A settlor (also called a “donor”) transfers property to a trustee, the profits of which are to be given to the beneficiairy).
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