What is the difference between joint and single wills?

A will is a legal document that allows a person to make decisions about what happens to their money, property, and other assets after their death. In North Carolina, there are two types of wills: joint and single. A joint will is a type of will that is created by two or more people. It allows two people to make decisions about how their combined assets will be distributed when they both pass away. This type of will is often used by married couples who want their assets to be divided in specific ways following their deaths. A single will is created by only one person. This type of will allows an individual to make decisions about how their property, money, and other assets will be distributed when they pass away. Unlike joint wills, single wills cannot be altered by anyone other than the person who created the will. The main difference between joint and single wills is that joint wills cover two people, while single wills are created by one person. A joint will generally allows two people to make decisions about their assets after their deaths, while a single will is used by an individual to determine how their belongings will be handled following their passing. Both types of wills are legally binding documents, and it is important to consult with an attorney before making any decisions about how to handle your will.

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What is the difference between joint and single wills?

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