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will
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   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Encyclopedia 0.01 sec.

will

In law, declaration of how a person wishes his or her property to be disposed of after death. It also appoints administrators of the estate (executors) and may contain wishes on other matters, such as place of burial or use of organs for transplant. Wills must comply with formal legal requirements of the local jurisdiction. Some US states permit people, usually the terminally ill, to specify at what stage they should be allowed to die, in living wills.



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Also, Little should consider having wills and ancillary documents (living will, medical power of attorney, etc.
Few of us who were raised by parents of a certain generation were taught about the importance of having wills, life assurance and illness cover policies etc.
There is no point in severing the joint tenancy and then having wills that leave everything to each other.
 
 
 
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