Trusts in estate planning. Frank Shaw 48, and Victoria Ferguson, 44, were married five years ago. They

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 Trusts in estate planning. Frank Shaw 48, and Victoria Ferguson, 44, were married five years ago. They have children from their prior marriages, two children for Frank and one child for Victoria. The couple’s estate is valued at

$1.4 million, including a house valued at

$475,000, a vacation home in the mountains, investments, antique furniture that has been in Victoria’s family for many years, and jewelry belonging to Frank’s first wife. Discuss how they could use trusts as part of their estate planning, and suggest some other ideas for them to consider when preparing their wills and related documents. P-89

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PFIN

ISBN: 9780357033616,9780357033692

7th Edition

Authors: Randall Billingsley , Lawrence J. Gitman , Michael D. Joehnk

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