Sally Beans wants to make sure her nephew, Billy Beans, receives all her property at her death. What document does Sally Beans need to make and why? What happens if Sally Beans fails to execute this document and she has four children, Navy, Pinto, Garbanzo, and Kidney?
Dr. Scientist wants to leave each of his 6 grandchildren $25,000 at his death. All of his grandchildren are under 16 years old. What are Dr. Scientist’s options for leaving these bequests to his grandchildren under his Will?
Why is estate planning important and what does it seek to accomplish? Give concrete examples and information about why estate planning is important and what it entails.
Explain the difference between a medical power of attorney and a statutory durable power of attorney?
Emilie hates her parents. She is 18 years old and goes to UIW, and she is into all extreme sports. Emilie has decided that if she dies she wants her brother, Robbie, to make all decisions for her. What document(s) should Emilie execute to make sure her brother Robbie is in charge of her burial and all of her property at her death?
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