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Books > Law > Laws of other jurisdictions & general law > Private, property, family law > Personal property law > Equity & trusts
A guide on Everything You Need to Know About Probate. While nobody
likes to think about it, we all die eventually. If you own your own
home, it's important to know what will happen to it after you're
gone. Legally the property has to be passed on to the people listed
in the person's Will. Of course there isn't always a Will there to
use as a reference. In these cases the people receiving assets will
be designated by the State Law. So if you want a specific person to
receive your estate, you need to put it in a Will. The process of
selling the home after death is known as Probate.
This book is a study of doctrinal and methodological divergence in
the common law of obligations. It explores particular departures
from the common law mainstream and the causes and effects of those
departures. Some divergences can be justified on the basis of a
need to adapt the common law of contract, torts, equity and
restitution to local circumstances, or to bring them into
conformity with local values. More commonly, however, doctrinal or
methodological divergence simply reflects different approaches to
common problems, or different views as to what justice or policy
requires in particular circumstances. In some instances divergent
methodologies lead to substantially the same results, while in
others particular causes of action, defences, immunities or
remedies recognised in one jurisdiction but not another undoubtedly
produce different outcomes. Such cases raise interesting questions
as to whether ultimate appellate courts should be slow to abandon
principles that remain well accepted throughout the common law
world, or cautious about taking a uniquely divergent path. The
chapters in this book were originally presented at the Seventh
Biennial Conference on the Law of Obligations held in Hong Kong in
July 2014. A separate collection, entitled The Common Law of
Obligations: Divergence and Unity (ISBN: 9781782256564), is also
being published.
Have you ever thought about what will happen to your stories after
you're gone? Do you know what you want to happen with your literary
works after you're gone? Do you have any ideas about who could
manage them for you and your heirs? And if so, have you executed
the documents necessary to make sure your wishes are carried out?
This book will give you the basic information necessary to answer
those questions, including: How probate works The pros and cons of
avoiding probate Who might have a claim on your assets Managing
copyrights after death Literary representatives Death and taxes How
to get the most out of a legal consultation Note that this book is
intended for educational purposes, to help you prepare for a
consultation with a qualified professional in your jurisdiction,
and is not intended as individual legal advice.
Are you among the 50 percent of American adults who do not yet have
a will? For many of us, busy day-to-day lives often result in
putting the crucial process of estate planning precariously on the
back burner. In fact, if you don't have a clear, considered plan,
government treasurers and probate attorneys may just have the
ultimate say on your estate. Estate Planning: A Plain English Guide
to Wills and Trusts is attorney Clint W. Smith's easy-to-read,
invaluable book that will demystify the confusing legal issues and
dispel the common misunderstandings that can have serious
repercussions for anyone with a net worth of over $50,000.
Establishing a well-considered estate plan now can save you or your
loved ones considerable costs, months of time, and even
relationships. While many individuals believe that wills are the
most beneficial way in which to handle estates, the author
introduces the option of revocable living trusts as a potential
alternative to wills. While wills by their nature result in
time-consuming probate, public disclosure, estate tax, and attorney
fees, Smith explains that revocable living trusts can provide you
with a way to minimize taxes, provide flexibility, help navigate
the realities of a living will, and solve the problems inherent to
joint tenancy, right of survivorship, and community property.
Estate Planning: A Plain English Guide to Wills and Trusts also
clears up common misconceptions about wills, offers answers to
specific questions about trusts, and offers a step-by-step guide to
plan your own revocable living trust. This informative, essential
book will teach you the questions you need to ask, and motivate you
to act immediately. Accessible and illuminating, Estate Planning
will ensure that you are empowered to do a better job of it than
the state, and that you leave behind a fitting legacy for your
loved ones.
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