Can someone please give me a detailed outline on what to write for question B.

Question 1 Pauline Mason died on 12 April this year. A copy of Pauline's will, and associated APPENDIX A correspondence is attached to this assessment paper (Appendix A). Advise the Executors as to how they should distribute Pauline's estate. Documents for Question 1 Question 2 John Fletcher died recently. By his will, he left the whole of his estate on trust for his widow, Ella, for life, remainder to their son, Peter. The trustees are Karen James (a nurse) and Martin WILL & TESTAMENT Turner (a graphic designer). Both trustees were personal friends of John, and they are not being paid for their services as trustees. They have been told by the executors of the estate that they will receive $400,000 for the trust. THIS IS THE LAST WILL AND TESTAMENT of me, PAULINE MASON, of 29 Glamis Road, Lexport, Ella is aged 68 and is retired. Peter is aged 45, has never married, and works as an architect. LX4 6TG, United Kingdom. You have received a letter from the trustees (Appendix B), seeking advice in relation to a proposed investment. 1 I REVOKE all former wills and codicils made by me and declare this to be my last will. Advise Karen and Martin. N I APPOINT Stephen Lucas and Rachel Lucas, both of 38 Yarrow Road, Lexport, LX2 8QV to be the Executors and Trustees of this my will. 3 I GIVE my house, 29 Glamis Road aforesaid, to my son, Julian Mason. 4 I GIVE E150,000 to my daughter, Abigail Mason. 5 I GIVE all of the jewellery held in secure storage at Barclays Bank under box number 782309 to my aforementioned daughter, Abigail Mason. 6 I GIVE the remainder of my estate, both whatsoever and wheresoever, to the Lexport Animal Rescue Centre, registered charity number 01238387. IN WITNESS whereof I have hereunto set my hand this 29th day of June 2018. SIGNED by PAULINE MASON in our joint presence and then by us in hers Pauline Mason Avril Jones Trudie Barker Please Turn Over AVRIL JONES TRUDIE BARKER 17 Lighthouse Hill 93 Chantry Avenue Lexport export LX2 4RF LX3 6MXAPPENDIX B Documents for Question 2 M Turner 12 Ryhill Lane Lexport LX2 9HP LEXPORT LIFE [treat as dated] Dear [your name] Mirjam Nilsson I am writing on behalf of myself and Karen James. We are the trustees for a trust set up by John Fletcher. The beneficiaries are his widow, Ella and their son, Peter. Ella is retired and has Let them eat plankton no source of income beyond the state pension and whatever she receives from this trust fund. Peter has a good salary, but despite that, he never seems to have any spare cash. New company launches today We have been told that we will receive $400,000 and we know we will need to invest this. w company launch today, Lexport sees another new company Neither of us knows anything at all about investments. in the form of Plankton Foods Limited (PFL). We were planning to invest the money in a range of listed public company shares. These will Set up by local 'clean eating' enthusiasts, Plankton provide some income for Ella, as well as long term capital growth for Peter. aims to develop new horticultural techniques, to produce micro-seaweed on an industrial scale. However, we have recently spotted an article in Lexport Life (copy attached) and we are now This is an incredibly ambitious plan, requiring the wondering whether we should invest $50,000 in Plankton Foods Ltd. We are a bit nervous careful exploitation of existing horticultural about investing in a private company, so thought we should check whether we can and should practices, as well as the invention of specialist go ahead. Can you advise us on whether we should invest in Plankton Foods Ltd? equipment. PFL believes that a market exists for micro- seaweed, though the directors acknowledge that this is likely to be very niche. Yours sincerely The company will also face significant challenges in Martin Turner establishing itself as a supplier to high-end restaurants at a time when the industry is struggling. However, the directors are convinced If PFL have their way, this is what we'll all be eating in future. At least, if we're rich enough to dine at the Ritz!that, with an innovative and inspirational product, they can conquer the market. Mirjam Nilsson Page 12 Page 8 Page 6 time of going to press, PFL has yet to secure funding from any of the major banks. However, Plankton Foods Limited Page 13 the directors now appreciate that they need a full written business plan, if they are to secure a loan, The Idea and have started work on one. Incorporated just six weeks ago, PFL is the brainchild Unfortunately, current laws only permit mature - or should I say brainfood - of newlyweds, Holly seaweed to be harvested from the wild. That's Flake and Buster Hogg. where Buster comes in. Flake completed a two year diploma in catering last 'I specialised in aeroponics at College' says Hogg, year at Lexport Catering & Horticultural College, which is highly successful for growing micro- where she met her co-creator, Buster Hogg. They greens. No one has used it for seaweed yet, but I END OF PAPER are now directors and shareholders of PFL. have a few ideas for how current technology can Says Flake: 'One of my op al modules was micro- be manipulated to all allow us to grow seaweed gastronomy, which I soon realised is more about commercially and harvest it at the micro stage. ' smoke and mirrors (literally) than food on the plate.' A particularly big challenge will be keeping it fresh Flake explains that high-end restaurants pay big and juicy between harvest and [expensive] plate. money for small food, notably micro-greens so tiny 'Seaweed loses moisture very quickly once it has that they have to be applied to a dish with tweezers. b been harvested', admits Hogg, 'and it doesn' Micro-greens, freshly harvested. 'There's money in the micro-market' claims Flake. respond well to any kind of cold storage.' Most micro-greens are based on mustard, cress and The couple are now looking for investors to cover beetroot. However, based on her sumn the costs of research placement work, Flake thinks chefs would love to in a couple of years by premises and equipment. use seaweed, which brings a natural salty lemony 'My best guess is that we'll need an initial fund in flavour to dishes. excess of f800,000', says Flake. More woe for the judges Ew, gross Lexport Festival of Lights Justice Athletic lose! Again! In style! More toxic effluence leaks from the old Celebrating the return of spring in 24 Elwood Print Works. venues around the city LEXPORT