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Hilton on Charity

Hilton on Charity

A remarkable statement about the nature of charity entered the public domain after hotel chain founder Conrad N. Hilton died on January 3, 1979, in Santa Monica, California. As...

Co-Ownership Myths - III

Co-Ownership Myths - III

One of the most confusing aspects of estate planning is the numerous myths about co-ownership of property. Many people do not understand the differences between a...

Trusts, Public and Private - III

Trusts, Public and Private - III

An express trust is either public or private. A public trust, also known as a charitable trust, is an express trust created for a charitable purpose. If an...

Revocation of Healthcare Directives and Alternatives

Revocation

If you execute a healthcare power of attorney document and a living will, you can revoke or cancel them at any time. Most states do not require you to revoke the documents in writing. Be aware that if you...

Protection of the Immediate Family

Protection of the Immediate Family

One of the main purposes for making and leaving a will is to guide the administration of the estate of the testator--the person who made the will. A will...