Which of the following estate planning documentswill, codicil, letter of last instructions, living willdo the following individuals/families need? Explain your rationale. a. Kayla, a recent
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Which of the following estate planning documents—will, codicil, letter of last instructions, living will—do the following individuals/families need? Explain your rationale.
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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.
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a Because everything is jointly owned Kayla does not need ... View full answer

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