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Jack, a widower, has been researching and looking into getting an estate plan to distribute his property on his death. He has heard of the horrors of probate court and wants to avoid that. He has two children, Larry and Janet. Of his two children, he only likes and trusts Larry, not Janet. In fact, he wants his estate to be distributed only to Larry, and nothing to Janet. As to his assets, he has a house in his sole name (with a lot of equity in it) antiques, oil paintings, jewelry he inherited from his wife, all of the miscellaneous personal property located in the house, and $250,000.00 cash in the bank. He seeks to avoid probate, and avoid lawsuits over his estate after he dies. However, Janet has always been a trouble maker and thinks she may attempt to cause problems after his death. The only problem with Larry is that he has severe financial problems. Larry has filed bankruptcy twice, has judgments against himself, and has severe creditor problems. Jack wants to get either a Will or Trust, but is not sure what to get. He also heard about the possibility of joint tenancy. Is there any particular provision that Jack could insert in his Trust or Will which may prevent Janet from litigating against the estate, and even if she does litigate, from winning in probate court? Please explain.
Discuss the concept of whether discretionary employee benefits should be an entitlement or something earned based on job performance.
In the article “Would Six Sigma have killed apple”, the author listed a good and a bad example of how the company applied six sigma techniques for continuous improvement. Do you agree six sigma stifles innovation? Why or why not? Please find an area ..
What are some real world examples for each of the marketing managment philosophies? (production orientation, sales orientation, market orienntation, and societal orientation?)
What type of challenges faced by many leaders of firms that have been forced to downsize lately. How do leaders continue to engage their employees in the face of layoffs and bad financial news?
One benefit (or drawback) of the Web is that it is global. Therefore, what may be legal in one country may be illegal in another. What are your thoughts on selling pharmaceuticals online? How about firearms? Child pornography? Most importantly, how w..
Should it keep 1 warehouse in Germany or build an additional warehouse in the United States? What type of shipping method should be used, and why? What are cycle stock and safety stock? Should it have either?
In Week 3, you are starting to establish yourself in your role in the internship/externship. During this discovery period, you should begin to develop a comfort level for what is expected of you and what you are expected to provide to the company. To..
Your company intends to launch a product line of children's bedding and clothing. Folks in the Graphic Design Department submitted a design for a cartoon-like character called "Honey Bear" that would be imprinted on packaging materials. The primary a..
Given that laws and regulations have major importance in conducting the staffing process, describe the legal obligations of an employer during recruitment, selection, and employment.
An air conditioning manufacturer produces room air conditioners at plants in Houston, Phoenix, and Memphis. These are sent to regional distributors in Dallas, Atlanta, and Denver. The shipping costs vary, and the company would like to find the least ..
Explain the six steps of conducting a job analysis and discuss how the information is used.
tylers consulting company has purchased a new 15000 copier. this overhead cost will be shared by the purchasing
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