Question
1. Suzy Q decides that she does not want to hire a fancy attorney to take care of her estate plans so she decides to
1. Suzy Q decides that she does not want to hire a fancy attorney to take care of her estate plans so she decides to draft her own will.She takes out her grandfather's oldtype writer and types, "I give all of my personal property to John Doe." She takes the document out of thetype writer and adds, "I give all of my real property to Jane Doe." She then signs the document. Is this a valid will? Why or why not? (10 points)
2. Years later Suzy Q decides she is going to redo her will. She types out a new will. The will says that all of her personal property is going to go to Jane Doe, She signs in the presence of two witnesses and the two witnesses sign as well. What is the biggest problem with this will? (10 points) If this will is probated, how will a court likely resolve that problem? (10 points)
3. Suzy Q finally decides she is going to go to that fancy attorney after all. Suzy Q decides she is going to have atestamentarytrust drafted for her. She decides to make the Feed the Hungry People of Ozorganizationthe beneficiary of her trust. Suzy Q passes away and on the same day the Feed the Hungry Peopleof Oz announces it is closing. Whatwill happen to the trust? Why? (10 points)
4. Pretend instead that Suzy Q decides she wants to make a trust for all of her real property. She says to all of her family that as of "October 31, 2020, she is creating a trust of all herreal property. She is going to beboth thesettlorand trustee and her only child is to be the beneficiary." Is this a valid trust? Why or why not? (10 points)
5. Suzy Q wants to make a trust for the benefit of her child who is known to not be very good with money. What types of trusts should Suzy Q consider making and why? (5 points)
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Suzy Qs Will and Trust Issues 1 Validity of Suzy Qs First Will 10 points No This will likely be considered invalid for several reasons Lack of Formali...Get Instant Access to Expert-Tailored Solutions
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