Question 1

Santos created an irrevocable living trust for her stepdaughter.In her later years,she became angry with her stepdaughter and sought to rescind the trust.Will she be able to do so? Explain.

Accepted Answer

The answer of Santos created an irrevocable living trust for...

Question 2

Brad and Sally,a married couple,died at the same time in a tornado in a state that has adopted the Uniform Simultaneous Death Act.Brad's will left his property to Sally and then to his children if she were to die before him.Sally's will left her property to Brad and then to charity.Discuss the distribution of their property.

Accepted Answer

The answer of Brad and Sally,a married couple,died at the...

Question 3

Gracie was a single mother of ten children,three of whom were adopted,and two of whom were stepchildren.One day,Gracie was struck by a car and killed.She died intestate.Will all her children inherit from her? Explain.

Accepted Answer

The answer of Gracie was a single mother of ten...

Question 4

Teresa is concerned that her children will waste their inheritance and owe many creditors who will take any unspent inheritance.Discuss how Teresa may allow the children to inherit and yet prevent her fears from becoming reality.

Accepted Answer

The answer of Teresa is concerned that her children will...

Question 5

Forty-year-old Kelsey,a homeowner with a wife and two children,made out his will the day he was institutionalized for alcohol abuse.When he drew up the will,Kelsey was experiencing severe withdrawal symptoms,including impaired memory,insomnia,and tremors.Describe how a court would evaluate whether Kelsey was of sound mind when he made out his will.

Accepted Answer

The answer of Forty-year-old Kelsey,a homeowner with a wife and...

Question 6

Whitney signs her will and then realizes that she needs witnesses.She finds two friends,tells them the signature is hers and the two friends sign the document.Discuss if this method is valid.

Accepted Answer

The answer of Whitney signs her will and then realizes...

Question 7

John liked the language of his grandfather's will and made a copy of it,and handwrote in some changes to names and dates and signed this copy in the presence of witnesses.Discuss if John's will is valid.

Accepted Answer

The answer of John liked the language of his grandfather's...

Question 8

Fritz is having his will prepared and also wants to prepare other advance directives.Discuss the typical advance directives and why they are prepared.

Accepted Answer

The answer of Fritz is having his will prepared and...

Question 9

Colleen disinherited her husband Glen and left her entire estate to her church.Glen desires to challenge this distribution.Discuss Glen's likely success.

Accepted Answer

The answer of Colleen disinherited her husband Glen and left...

Question 10

Amos was divorced and dying in Mercy Hospital when he executed his will in the presence of his mother,daughter and two nurses,all of whom signed as witnesses.The will left all of Amos's property to his mother and daughter and left nothing to Amos's son.The son challenged the validity of Amos's will.Discuss the legal issues.

Accepted Answer

The answer of Amos was divorced and dying in Mercy...

Question 11

Charles creates a revocable living trust.What are the typical advantages of creating a revocable living trust?

Accepted Answer

Revocable living trusts primarily offer management advantages, such as avoiding probate and managing assets during incapacity, but do not typically offer estate or income tax advantages.

Quiz 31: Wills, advanced Directives, and Trusts