Can a codicil waive the requirement for a fiduciary bond?
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what is a codicil Informational
- What are the legal requirements for modifying or revoking a power of attorney? How does a codicil address the issue of taxes on retirement accounts or other tax-deferred assets?
- Can a codicil establish a trust with controlled distributions or other safeguards?
- What steps should be taken regarding a codicil after marriage or divorce? Does the birth or adoption of a child necessitate a review of a codicil?
- What happens if both the will and any codicils are found to be invalid? Can a codicil be used to appoint a conservator or guardian for an adult child with disabilities?
- How does a codicil legally affect an existing will? Can a codicil be used for any type of amendment to a will?
- How should a codicil clearly define the terms of a life estate? Can a codicil be used to create a charitable trust or bequest?
- Can a codicil be used to minimize estate tax liability?
- Can a codicil establish a more comprehensive plan for long-term pet care?
- What are the advantages and limitations of Totten trusts? How does a codicil address the potential for a beneficiary to predecease the testator?
- What are the legal and practical considerations for dealing with a family business in estate administration? How does a codicil relate to the concept of simultaneous death of the testator and a beneficiary?
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