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2017 DR. MARTIN LUTHER KING JR. HUMANITARIAN AWARD NOMINATION From Every year, Gateway Technical College honors Dr. Martin Luther King Jr’s legacy of character and service by recognizing individuals
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S legacy is typically a collection of assets and liabilities that are passed down from one generation to the next.
The executor or administrator of the deceased's estate is typically responsible for filing the legacy of.
The legacy of can usually be filled out using the appropriate forms provided by the relevant tax authority. It is important to accurately report all assets and liabilities that are part of the legacy.
The purpose of filing a legacy is to ensure that the correct amount of taxes are paid on the assets being passed down and to properly distribute the assets to the heirs.
Information that must typically be reported on a legacy includes details of all assets and liabilities, the value of each asset, any debts owed by the deceased, and information about the beneficiaries.
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