Terms Beginning With 'j'

Joint Will

  • January 18, 2020
  • Team Kalkine

As the term itself suggests, a joint will is made by two parties. In this last will and testament, each party leaves all of their property and assets to the other. Under the will, the surviving party by default receives the entire asset post the other party’s demise. This legal contract cannot be changed or withdrawn solely by one party. However, revisions can be done if consented mutually.

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