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How to draw up a will correctly and what are the tax consequences of this?

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How to draw up a will correctly and what are the tax consequences of this?
Kane Offline
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#2
06-01-2024, 10:24 AM
I have not done this but I believe if you want to draw up a will correctly, you should list your assets, designate beneficiaries, appoint an executor, and sign the document with witnesses. You also need to consulting a lawyer for legal compliance. Tax consequences vary, but potential estate taxes and inheritance taxes may apply, depending on the value of the estate and jurisdiction.
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RE: How to draw up a will correctly and what are the tax consequences of this? - by Kane - 06-01-2024, 10:24 AM

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