Dorsey & DeRiso - Untitled 1

Gifts During Life - II

Gifts During Life - II

An intentional transfer of property made from the generosity of the transferor is known as a gift. The person who makes a gift is known as the donor. The person who...

Co-Ownership Myths - III

Co-Ownership Myths - III

One of the most confusing aspects of estate planning is the numerous myths about co-ownership of property. Many people do not understand the differences between a...

Precatory Language, Ademption, and Abatement

Precatory Language, Ademption, and Abatement

One of the main purposes for making and leaving a will is to guide the administration of the estate of the testator--the person who made the will. A...

Special Conditions in a Will

As a general rule, a devise, a bequest, a legacy, or a trust in a will may benefit any person or legal entity. One major limitation is that is that a devise, a bequest, a legacy, or a trust in a will may not benefit a person or...

Handwritten and Oral Wills

Handwritten and Oral Wills

Today, the standard method of making a will is the formal witnessed written will, sometimes called an attested will. However, today's formal witnessed will has roots...