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Home : Legal and Financial : Wills/Estates/Trusts

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The following links are in English

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    Total Life and End of Life Planning Resource Center connecting families, caregivers and aging related resource service providers.

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The following links are in Turkish

The following links are in English

  • How do I choose a Guardian for my children?
    Perhaps the greatest peace of mind that parents of minor children can have is knowing who will take care of their children should something happen to them. Naming a guardian in your Will will help ensure that your choice is appointed.

  • How do I specify Beneficiaries?
    The reason you are making a Will is to distribute your estate to those you choose. Beneficiaries can be people, charitable organizations or trusts. Generally, you may specify any person or organization.

  • How should I choose an Executor?
    Some state call them executors, others refer to them as personal representatives. By any name, this is the person you choose to carry out the terms of your Will. The responsibilities of the Executor are important. He or she must collect your assets, pay all debts, taxes and expenses of the estate, and distribute the remaining assets to your beneficiaries.

  • Prepare a Will Step by Step
    If you think that you don't need a will because you don't have children, think again. If you die without one, you will have no control over how the state distributes your assets.

  • What about Probate?
    Probate is the court supervised legal process that includes determining the validity of your will, gathering your assets, paying your debts, taxes, and the expenses of will administration, and then distributing the remaining assets to those persons entitled to them.

  • What does a Will do?
    Simply put, a Will is the legal document that allows you to have the last word after your death. When you make a Will, you choose who will receive your property after your death. You choose who will carry out your wishes, and you select whom you want to care for your minor children. In order to make your Will legally valid, there are certain signing formalities that must be followed.

  • What do I have to do to have a Will?
    When you make out your Will, you'll need to designate beneficiaries and an executor. The beneficiaries are the people or organizations who receive your property. The executor is the one you designate to see that your wishes are carried out.

  • Wills and Trusts
    Both Wills and Trusts are devices which you can use to provide for the distribution of your estate upon your death. Deciding whether a Will or a Trust best fits your needs depends on your circumstances.

  • Wills and Trusts - What are some other kinds of Trusts?
    Self-declaration of Trust,Support Trust,Discretionary Trust,Charitable Trust,Spendthrift Trust,Insurance Trust,Totten Trust.

  • Wills and Trusts - What is a Living Trust?
    A Will comes into play only after you die, but a living trust can actually start benefiting you while you are still alive. A living trust is a trust established during your lifetime.

  • Wills and Trusts - What is a Trust?
    Think of a trust as a holding pen, a place where you put your assets before they are released to the people or organizations that you designate to eventually receive them.

  • Wills & Trusts - What are some Tax Considerations?
    The old saying about death and taxes takes on a double meaning when it comes to taxes on your estate. Any transfers made by an individual, including lifetime gifts and bequests made at death, are subject to gift and estate taxes. However, keep in mind that there are a number of exemptions and credits than you can use to your benefit when planning your estate.


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