Question
6. Explain how assets are distributed after death in each of the following situations. (20 marks) Non-estate assets outside a will. Provide and describe at
6. Explain how assets are distributed after death in each of the following situations. (20 marks)
Non-estate assets outside a will. Provide and describe at least 2 methods.
Estate assets with a will. Describe this process in detail, including such things as types of wills, roles of executors, probation,
Estate assets without a will. Describe in detail, including how the process takes place, and why the result might not be what a deceased person might have wanted.
Your answer should be between 1.5 and 2 pages in length.
Marking Grid:
Non-estate assets outside a will. 2 pts for each method identified & 2 pts for each explanation. Max. 8 pts.
Estate assets with a will. 2 pts defining a will, 4 pts for detailed explanation of the process.
Estate assets without a will. 2pts defining intestacy, 4 pts for detailed explanation of the process.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started