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Question of the Month
What is a will?
A written document that allows you to designate: 1. who will receive your estate (your property that does not pass by beneficiary designation or joint ownership arrangement; ) after you die; 2. who will raise your children if you die while they're still minors, and your spouse is unavailable to care for them; 3. whether your beneficiaries receive their inheritance outright or in a trust; and 4. who will serve as your personal representative - i.e., person who will pay your bills and taxes and distribute the rest of your estate to your beneficiaries.
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