Question
PLEASE DRAFT YOUR ANSWERS IN A WORD PROCESSING PROGRAM AND SAVE IT TO YOUR COMPUTER. Submit your Answers in an Attachment. ASSIGNMENT:Draft a Revocable Living
PLEASE DRAFT YOUR ANSWERS IN A WORD PROCESSING PROGRAM AND SAVE IT TO YOUR COMPUTER. Submit your Answers in an Attachment. ASSIGNMENT:Draft a Revocable Living Trust for Thurston for your supervising attorney's review.Make sure that the draft meets all of Thurston's objectives and desires. At the bottom of your draft Will note any additional information needed from Thurston and any legal issues that have not been addressed in your draft.
WILL AND TRUST DRAFTING HYPOTHETICAL
Thurston A. Howell III of Rancho Palos Verdes, California, makes a telephone call to your law office.He requests an appointment with the law firm's paralegal to arrange for the preparation and execution of his Last Will and Testament.As chief paralegal for the law firm, you schedule an interview for him on Wednesday at 4:00 p.m.
At the interview, Thurston tells you that he is quite wealthy and wishes to leave his bounty equally to his four children, all of whom are over the age of 18.Mr. Howell's wife predeceased him in 2013.The children's names are Thurston A. Howell, Jr., born December 31, 1994, Timothy J. Howell, born May 15, 1996, Linda E. Howell, born April 18, 1997 and Scarlet S. Howell, born November 11, 2000.Mr. Howell also has one illegitimate son named Larry D. Lovechild who was born October 2, 2012. Thurston wishes to disinherit Larry except for a cash gift of $5,000 payable at his death.He asks you to draft a no contest clause in his Will to accomplish this objective.
Thurston wishes to name his oldest son, Thurston Jr., as Personal Representative under the Will.If Thurston Jr. does not survive him, he wishes to name the Megabank, N.A. as alternate Personal Representative.He also wishes to name Roxanne M. Petlock, of Long Beach, California, as Guardian of young Larry Lovechild.
Thurston A. Howell III also tells you that he wishes to name several of his long time friends as beneficiaries of particular items of property.He tells you that he wishes to leave his 2015 Wildcat Speedboat to Gilligan A. Smith, his Yacht, "E-Z Livin" (a 100 foot sailboat) to Mr. Skipper T. Jones, his 2017 MacBook nicknamed "Royal Blue" to Professor I.M. Nherd, all of his shares of stock in The Thurston Howell Movie Studios Inc., located in Long Beach California and his deceased wife's pearl necklace to Ms. Ginger Grant, and his 10,000 acre farm in Atchison Kansas to Ms. Mary Ann Whitebread.
Thurston also tells you that if his favorite basset hound, Belvedere, survives him, he wishes to leave him in the care of his nurse, Roxanne M. Petlock.Thurston also wishes to leave her $50,000 to provide for Belvedere's caretaking needs.
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