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Briefly describe what a Sole Ownership is (2 Marks) How can this impact estate planning? (3 Marks) o o Using a fictional character named
Briefly describe what a "Sole Ownership" is (2 Marks) How can this impact estate planning? (3 Marks) o o Using a fictional character named Marleen, provide a realistic example 1 Mark) C. Joint Tenancy (6 Marks) O Briefly describe what a "Joint Tenancy" is (2 Marks) o How can this impact estate planning? (3 Marks) o Using a fictional character named Marleen, provide a realistic example (1 Mark) D. Tenancy in Common (6 Marks) O Briefly describe what a "Tenancy in Common" is (2 Marks) o How can this impact estate planning? (3 Marks) o Using a fictional character named Marleen, provide a realistic example (1 Mark) E. Property with named beneficiary(ies) (6 Marks) o Briefly describe what is meant by "property with named beneficiary" (2 Marks) o How can this impact estate planning? (3 Marks) o Using a fictional character named Marleen, provide a realistic example (1 Mark) F. Business Interest(s) (6 Marks) o Briefly describe what is meant by "Business Interest" (2 Marks) o How can this impact estate planning? (3 Marks) o Using a fictional character named Marleen, provide a realistic example (1 Mark)
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b Sole Ownership Sole ownership refers to a situation where an individual owns a property or asset solely and has complete control over it In this case Marleen would be the sole owner of a property me...Get Instant Access to Expert-Tailored Solutions
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