Intestacy Law Assignment
Intestacy Law Assignment
Dying Without a Written Will in Montana: Who Receives Your Property?
For this assignment, begin by reviewing this article thoroughly.
Goetting, M. (2019). Dying without a will in Montana . Montana State University Extension. https://store.msuextension.org/publications/FamilyFinancialManagement/MT198908HR.pdf
Next, go to the Illinois General Assembly website and review the laws of succession of the State of Illinois.
Illinois General Assembly . (n.d.). http://www.ilga.gov/
First, click on “Illinois Compiled Statutes” (top right-hand column). Scroll down until you see the chapter (755) entitled “Estates” in the right-hand column and click on it. This will pull up a list of interesting statutes in the area of estate law for Illinois. Click on the first item, “Probate Act of 1975” Article II, “Descent and Distribution,” deals with the laws of succession. Click on and review the statute.
For your assignment, write three paragraphs answering the following questions.
The Lees, a family made up of a mother, father, and three children, live in Montana. Mr. and Mrs. Lee have one child together. In addition, Mrs. Lee has one minor child from a previous marriage, and Mr. Lee has one minor child from a previous marriage. All three children reside with the couple. Assume that one of the parents died today without a will, and his or her estate was valued at $250,000.
Under the laws of Montana, how would the property be distributed?
What would happen if this same family lived in Illinois? How would the property be distributed?
Do you prefer Illinois’s or Montana’s statute? Why?
Answer the questions in a brief short answer essay, and be sure to fully explain your responses.
PA221 Wills, Trusts, and Estate Planning
Unit 6 Assignment
Intervivos Trust Assignment
Thomas Trent wants to create a living trust for children Eric and Miranda who are both minors. Thomas would like for his wife, Melissa, to be the Trustee. The trust property consists of real estate in your state that is operated as a summer rental.
Using this information and supplying more as necessary to indicate the Trustor/Settlor’s intention, draft an intervivos trust for Thomas Trent. You can use any samples from your book as well as those posted under Course Documents.
The trust should be a minimum 2 pages in length using 12 point Times New Roman font, double-spaced lines, and one-inch margins.
Make sure to cite your sources using APA and Bluebook citation format.
The viewpoint and purpose should be clearly established and sustained.
The assignment should follow the conventions of Standard English (correct grammar, punctuation, and spelling).
The writing should be well ordered, logical and unified, as well as original and insightful.
Save your Trust as a word document and submit it to the Unit 6 Dropbox.
Access the rubric for full assignment details and grading criteria.
PA221 Wills, Trusts, and Estate Planning
Unit 8 Assignment
Probate Forms
Probate Forms Assignment
You should now be prepared to submit five completed probate forms based upon the information that you included in the Jones will.
The forms that would have to be filled out for the estate of Mr. Jones associated with the probating of his will and the appointment of a Personal Representative are taken from the Michigan Probate Court website.
Michigan Courts. (2020). Numerical index of approved probate court forms. https://courts.michigan.gov/Administration/SCAO/Forms/Pages/Probate-Index.aspx
You should complete the following five forms:
Application for Informal Probate and/or Appointment of Personal Representative
Testimony to Identify Heirs
Registers Statement
Acceptance of Appointment
Letters of Authority
Access the rubric for full Assignment details and grading criteria.
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