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Indiana Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children

State:
Indiana
Control #:
IN-WIL-01591C
Format:
Word; 
Rich Text
Instant download

Description

The Will package you have found is for a married couple with both minor and adult children. It provides for the appointment of a personal representative or executor, designation of who will receive your property and other provisions, including provisions for your spouse and children. It also establishes a trust and provides for the appointment of a trustee for the estate of the minor children. This package contains two wills, one for each Spouse. It also includes instructions.


The Wills must be signed in the presence of two witnesses, not related to you or named in your Wills. If your state has adopted a self-proving affidavit statute, a state specific self-proving affidavit is also included and requires the presence of a notary public to sign the Will.



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  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children
  • Preview Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children

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FAQ

To qualify for the full stimulus payment, an individual must have an adjusted gross income of $75,000 or below. For individuals who are the head of household, the adjusted gross income must be $112,500 or below.

Children born in 2021 make you eligible to receive the 2021 tax credit for $3,600 per child (that's up to $7,200 for twins). That's on top of payments for any other qualified child dependents you claim.

Individual taxpayers with AGI of $80,000 or more aren't eligible. The new stimulus check will begin to phase out after $75,000, per the new "targeted" stimulus plan. If your adjusted gross income, or AGI, is $80,000 or more, you won't be eligible for a third payment of any amount.

The IRS uses your tax filing status and the adjusted gross income (AGI) from your latest tax return to determine your stimulus payment amount. According to the American Rescue Plan Act (ARPA), you and your dependents qualify for the full $1,400 payment if: You're an individual with an AGI of up to $75,000.

Under the version of the bill that the president has signed, single adults who reported $75,000 or less in adjusted gross income on their 2019 or 2020 tax return will receive the full $1,400 payments, as will heads of household who reported $112,500 or less.

Which of my dependents qualify for the third stimulus check? For the third stimulus check, all your dependents qualify, regardless of age. This means that for each child or adult dependent you have, you can claim an additional $1,400.

Child support won't be taken from third stimulus checks If you were behind on child support payments when first-round stimulus checks were being sent, the IRS could have taken your stimulus money and given it to the person you owed.Congress reversed course for the second round of stimulus checks.

The dependent or child is a U.S. citizen, U.S. national, or U.S. resident alien. The dependent or child must have lived with the individual eligible for the Payment for more than half the tax year. The dependent or child must not provide over half of own support for the tax year.

As part of President Joe Biden's $1.9 trillion COVID relief package the same new law that's giving most Americans $1,400 stimulus checks working families can now expect to receive up to $3,600 per child for 2020.

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Indiana Mutual Wills Package with Last Wills and Testaments for Married Couple with Adult and Minor Children