Who is a good witness?
There are different things you need to keep in mind when choosing a witness. Specifically, regarding who can be a good candidate for witnessing documents. Age Limitations Witnesses of a legal document need to also be of legal age. In most cases that means that they must be at least 18 years old. However, in […]
Witnessing a document
Choosing the appropriate witnesses to sign your Will can be crucial. A wrong choice or misplaced trust on this step could erase all your careful effort to create your Will. However, choosing an appropriate witness for any important document can be equally significant. Such documents include Myend’s Advance Care Plan, Funeral Plan and the Organ […]
Glossary
A – C Accounting The financial term accounting may be present in a Last Will. Specifically, accounting is complementary to a Trust that you may have set up for your children. You may require that the Trustee provides proof of their financial activities of managing the Trust. This proof is the accounting and the Trustee […]
No-contest
Different countries – or even States – may have different approaches to no-contest clauses in Last Wills. Simply put, if someone contests a Will, they will automatically be excluded as beneficiaries from that Will. The US is a good example of the many different approaches regarding enforcing a no-contest clause. Generally speaking, most states have […]
Witnessing Other Myend Documents
By asking witnesses to sign your Myend documents you are asking them to confirm that these documents are actually yours. More importantly, with your witness’ signature you make it clear to everyone else too that these are indeed your wishes. In other words, a witness’ signature is a testament that these wishes and instructions are […]
Will Witnessing
A Last Will’s witness is an individual that verifies the validity of your Last Will. In other words, this is a person that is present when you are signing your Last Will. They have to prove that by signing the same document in the presence of each other as well. In recent years this may […]
Will
A Will has many alternative names such as Last Will and Testament or Last Will. It is a legally binding document that allows your surviving significant others to know your wishes regarding your belongings. Specifically, it includes instructions about how the executor should distribute your estate to beneficiaries. See also: Codicil, Directives, Provision
Right of Survivorship
The right of survivorship applies to an estate if there are multiple people owning it. Specifically, if there are co-owners, the tenant that survives the other will inherit the deceased’s share. Not all forms of joint ownership of property can or will necessarily include the right of survivorship, though. Examples of shared ownership that does […]
Natural Person
In many legal systems there are two kinds of legal persons (or entities): a juridical person and a natural person. A natural person is a human legal entity, or in other words a physical person, an actual human. A juridical legal person refers to non-human legal entities such corporations, organizations and government agencies. See also: […]
Probate Process
The probate process, or just probate, is essentially the procedure that takes place when you pass away. Specifically, it starts when your Will has been opened to when your executor has completely distributed your property. The probate process typically involves a probate court. It could last anything from six months to three years. This depends […]