financial events

wills: signature requirement

Wills must be signed in order to be valid. Some states require that the signature appear at the end of the document, while other states allow the signature to appear anywhere on the document.

wills: writing requirement

Wills must be in writing in order to be valid, but not necessarily paper. The writing requirement is met long as the will is written in some more or less permanent medium.

words of procreation

Words of procreation are a language in a will or deed that indicates a transfer of property to one person and that person's descendants. Typically, the words are used as "to A and the heirs of his body," where A is the person who inherits the...

workout

Workout is an arrangement negotiated between a debtor and creditor to take care of a debt, by paying it off or through loan forgiveness. A workout agreement is a mutual agreement entered into by a borrower and a lender to reschedule the terms...

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