Identify both ward and june cleaver as testator

Assignment Help Business Law and Ethics
Reference no: EM13869155

Wills and Trust Assignment

We have clients, Ward and June Cleaver, who want to make a Joint Will and a Trust for their children, Beaver and Wally Cleaver. We need to prepare the following documents:

1. A joint pour over will putting the estate into the trust we will be creating;

2. A Trust for their children.

To create Joint documents, they must identify both Ward and June Cleaver as testator (Will) and settlor (trust) and use the pronoun We.

Information:

Ward and June Cleaver
1478 Mayfield Drive
Boynton Beach, FL 33568

Children:

1) Wally Cleaver DOB: 6/17/1995
2) Beaver Cleaver DOB: 2/19/1999

Co-Trustees:

1) Eddie Haskell
555 Weiner Road
West Palm Beach, FL 33589

2) Megabank, Inc.
66 Capitalist Avenue
Palm Beach, FL 33879

Property Objectives:

• They want to put a $100,000 bond from Coca Cola into the trust now.

• Everything else will go pass to the survivor of June and Ward. On the death of the second spouse, the remaining assets will pass through the will into the trust through the pour over provision in the will.

• The trust will be broken into two equal shares - one for each child. Each child's trust share terminates when the child reaches age 35. The children will receive income until they reach age 35 (this is not discretionary), and then the principal will be distributed to them.

Personal Representative:

They want to serve as each other's Personal Representative, but for the second to die, they appoint Wally Cleaver as Personal Representative. They appoint Beaver Cleaver as the successor Personal Representative if Wally is unable to serve for whatever reason.

Reference no: EM13869155

Questions Cloud

Write a c program that uses functions to perform : Write a C program that uses functions to perform the following: i) Addition of Two Matrices ii) Multiplication of Two Matrices
The company sells the item on credi : Assume the same facts as in RE18-1, except that Lilac Corporation defers the recognition of revenue to the period when the cash is received.
Building a powerful technology brand of mobil phone : The world of parity has hit the mobile phone market just as it has many other technology product categories. The products ranging from the simple to the complex, but every manufacturer offers, of course, the latest features.
Time intervals and repeat calculations for different values : The total distance travelled by vehicle in 't' seconds is given by distance =ut+1/2at2 where 'u' and 'a' are the initial velocity (m/sec.) and acceleration (m/sec2). Write C program to find the distance travelled at regular intervals of time given th..
Identify both ward and june cleaver as testator : We need to prepare the following documents: A joint pour over will putting the estate into the trust we will be creating; A Trust for their children. To create Joint documents, they must identify both Ward and June Cleaver as testator (Will) and se..
Prepare articles of incorporation : Prepare articles of incorporation to be filed with the appropriate state agency for the formation of Roaring Twenties, Ltd
Total estimated costs to complete : Clorad Corporation uses the percentage of completion method of accounting for construction contracts. Using the following information for Year 1, compute Clorad's
What are four pieces that make up key performance indicator : What are the four pieces that make up a Key Performance Indicator (KPI)? Provide an example of a KPI based on the AdventureWorks database.
Calculate the work done by the force : A force -Els applied to a 2.0kg radio -controlled model car parallel to the x-axis as it moves along a straight track. The x-component of the force varies with the x-coordinates of the car as shown in figure. Calculate the work done by the force twhe..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Should he be charged with murder why

Juan hated his mother-in-law and decided to kill her. He bought some poison and was driving to her house to poison her tea when someone walked into the street from between two parked cars and Juan could not stop before hitting and killing the pede..

  Contract between campbell and the wentzes

What were the terms of the contract between Campbell and the Wentzes? Did the Wentzes perform under the contract

  Do you agree or disagree with the decision rendered

Do you agree or disagree with the decision rendered by the Court of Appeals in King v. Board of Education case and explain why? Do you agree or disagree that the stressors of a transportation assistant were germane enough to warrant an occupational..

  What is the relationship between legal and ethical issues

How might these issues be relevant to organizational and personal decisions? What is the relationship between legal and ethical issues?

  Friends bank is seeking to hire a new teller darrell has

friends bank is seeking to hire a new teller. darrell has applied for the position. his application states that five

  What is objective or rationale of law

What reliable resources are available to learn about implications of this law? What is purpose or rationale of law? How will law affect day-to-day operations in human service organizations?

  Who ages out of the juvenile system

What should be done with a person who ages out of the juvenile system but still needs the resources of the juvenile system

  Which provides the greatest challenge to local law

which provides the greatest challenge to local law enforcement domestic terrorists islamic fundamentalist terror groups

  Correct citation for the supreme court case of lamb

Please enter the correct citation for the Supreme Court case of Lamb against California, which was decided on January 7, 1963 and is recorded on page 234 of volume 371 in the United States Reporter

  Steven makes an endorsement contract with freddy

Finally, Steven makes an endorsement contract with Freddy. Fred has no idea whether Steve is representing anyone. Is Crash liable for any of these contracts? Is Steve liable for any of these contracts? Discuss the money amount of damages he can be..

  How can we maintain anonymity and confidentiality

How can we maintain anonymity and confidentiality in the research process? What does it mean to maintain voluntary informed consent? What is a freedom from risk of harm?

  The parties in a criminal case and a civil case

The Parties in a criminal case and a civil case.The burden of proof in both criminal and civil cases.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd