The Internal Revenue Service generally requires that purchasers of machinery and equipment recover or write-off the cost of purchase over th...
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There are several factors that go into a lender's decision whether or not to renew a line of credit. It is just like school. You take the ex...
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A durable power of attorney (POA) allows a person (agent, usually denominated as attorney-in-fact) to conduct your affairs if you are not pr...
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An advance directive (AD) establishes directions for the providing, withholding, or withdrawal of life-sustaining treatment and artificially...
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A trust is a contract between two entities, the grantor (or truster or settlor) and the trustee for the benefit of a third entity, the benef...
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Probate refers to a court proceeding wherein a decedent's creditors are paid and the remaining assets are distributed according to the deced...
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A will establishes your distribution plan. It can be as simple as "all to my spouse if they survive; otherwise, to my children in equal shar...
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