Examlex
The crossover point on the life cycle curve is the point where:
Estate Planning
The process of making advance arrangements for the disposal of an individual's estate, often to minimize taxes and legal complications.
Intestate
The condition of having died without a valid will, leading to the distribution of the deceased's estate according to state laws.
Probate
A rephrased definition: The court-supervised process of authenticating a deceased person’s will, settling their debts, and distributing their estate to the rightful heirs.
Incorporation by Reference
A method where a document includes by reference all or portions of another document, making the referenced material part of the new document.
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