Which of the following estate planning documents - will, codocil, letter of last instructions, living will - do the following individuals/families need? Explain your rationale.

a. Kayla, a recent college graduate with only a few personal assets, all jointly owned with her parents.

b. Justin and Edee, a couple in their 30s with two young children. They already have a will that they made when they were first married 10 years ago - before they had their second child.

c. Mac, a widowed man living with a close personal friend to whom he would like to leave his personal assets upon death.

Kayla, a recent college graduate with only a few personal assets, all jointly owned with her parents. The estate planning document needed is: (Select the best answer below.)

A.

a living will, stating that Kayla is a joint owner.

B.

a codicil, stating Kayla is a joint owner.

C.

a letter of last instructions, giving information and directions with respect to the execution of the will.

D.

a will, to be certain property is transferred according to the parents' wishes and to appoint a guardian for Kayla.