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Wednesday, January 28, 2009

WHAT WILL HAPPEN TO A PERSON'S ESTATE IF HE DIES TESTATE (WITH A WILL)?

When a person dies testate (with a will), his assets will become an estate. His estate will be distributed to his loved ones only after his liabilities have been settled even though he has a valid will. After his liabilities have been settled, his remaining estate will be distributed according to his will.

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