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Elizabeth Edwards' will and testament has been made public, and John Edwards' wasn't left a dime. The will was signed just six days before Edwards' died, The Huffington Post reports. Instead, Edwards left everything to her four children, Cate, Emma Claire and Jack.
"All of my furniture, furnishings, household goods, jewelry, china, silverware and personal effects and any automobiles owned by me at the time of my death, I give and bequeath to my children." - Elizabeth Edwards' will.
A will can be changed, amended or revoked at any time prior to death as long as the person is physically and mentally competent to make the change. An amendment to a will is known as a codicil. However, it is typically not effective to simply cross out old provisions of a will and write new provisions. Instead, one should execute a codicil, or a new will, using the proper procedures.
Elizabeth Edwards' will, which was obtained by Inside Edition, named Catherine, who is the couple's eldest daughter, as the executor of the will. The executor of an estate is the person designated by the terms of a will or appointed by a court of probate to manage the assets and liabilities of the estate of the deceased. An executor or executrix is the person named in a will to administer the estate. An administrator or administratrix is a person appointed by the court to administer the estate of someone who died without a will. An executor or administrator is considered a fiduciary, or trusted representatives, of the deceased. Therefore, they have a duty to properly administer the estate solely for its beneficiaries.
Elizabeth Edwards' will made headlines because of John Edwards' infidelity. While John Edwards may not need Elizabeth Edwards' money, but that's not to say that he doesn't have plenty of problems of his own. A North Carolina grand jury is investigating John Edwards campaign spending. Edwards could wind up facing charges for campaign funds that were used improperly.