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All estates, whether there's a will or not, are subject to review by state probate courts — a fact that some people mistakenly believe negates the need for a will.
But when there are no written instructions to guide them, lawyers and other legal representatives often work slowly and follow set formulas that may not reflect your wishes.
In essence, a trust is a legal entity that owns the property and assets you place in it.
Yet according to a recent survey by the Harris Poll, 64 percent of Americans have not made a will. They "haven't gotten around to it yet." They also fear it will be difficult and expensive, says Lisa Honey, director of product marketing for Rocket Lawyer, the online legal resource that commissioned the survey.
This period of courtship is sometimes seen as a precursor to engagement.
Dating as an institution is a relatively recent phenomenon which has mainly emerged in the last few centuries.
"And they transfer property almost automatically upon death, helping wrap up the estate and getting assets to family members more quickly." Jeff Reeves is the author of The Frugal Investor's Guide to Finding Great Stocks.
Dating is a stage of romantic relationships in humans whereby two people meet socially with the aim of each assessing the other's suitability as a prospective partner in an intimate relationship or marriage.