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  1. Apr 22, 2024 · A last will and testament is a document that allows you to decide who will inherit your assets after you die. As the testator, you select who your heirs will be and what they each will receive. You also name an executor, who will be responsible for distributing your assets in accordance with your wishes.

  2. 6 days ago · A power of attorney is a legal document that allows you to designate another person to make important decisions on your behalf. In a POA, the person making the arrangements is called the principal. The person you are designating to act on your behalf is the agent.

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  4. May 2, 2024 · The power of attorney is a legal document that grants someone, known as the attorney-in-fact or agent, the authority to make decisions or take actions on behalf of another person, who is known as the principal. A POA may come into play in: Financial transactions. Medical decisions. Property management.

  5. 22 hours ago · Trusts: Facilitating asset management and distribution. In contrast to wills, trusts offer a mechanism for managing assets during the grantor’s lifetime and facilitating their distribution upon death or during incapacity. With a trust, assets are legally transferred to a trustee, who holds and administers them on behalf of beneficiaries ...

  6. Apr 22, 2024 · A power of attorney is a legal document that gives one person the power to act for another. The person who receives the authority is referred to as the agent or...

  7. May 6, 2024 · The person making a will, called the “testator,” must be an adult and have the mental capacity to make a will. California law has a few rules for testators: Age: A person must be 18 or older to make a will in California. Sound Mind: The testator doesn’t suffer from a mental health disorder that includes hallucinations or delusions ...

  8. 6 days ago · A Nevada last will and testament lets you decide who manages your estate, inherits your property, and cares for your minor children. Here are some general provisions you might include in your will: Name a personal representative or executor.

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