What specific language should be included in a codicil to establish a spendthrift trust?
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what is a codicil Informational
- Does a valid codicil ever have the effect of validating a previously invalid will? Can a codicil be used to appoint different executors for different parts of the estate?
- What medical or other evidence is relevant to assessing testamentary capacity for a codicil? What is the role of the probate court in relation to a codicil?
- What is the proper legal procedure for disclaiming an inheritance?
- How can a codicil provide for newly added family members?
- What are the tax implications of inheriting different types of assets? Can a codicil be used to create a private foundation or other charitable entity?
- What are the security considerations for electronic estate planning documents? What role do ethical considerations play in the drafting and execution of a codicil?
- Can a codicil establish a process for beneficiaries to select items or resolve disputes?
- Can a codicil name alternate fiduciaries?
- What are the legal considerations for providing for a non-marital partner in estate planning? How does a codicil address the issue of the testator's online accounts and digital legacy?
- What are the potential implications of including such statements in a codicil? How does a codicil relate to the concept of a "power of sale" granted to the executor?
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