Spring+2010+-+Wills%2C+Trusts%2C+and+Estates+-+Review+Exam+1

Spring+2010+-+Wills%2C+Trusts%2C+and+Estates+-+Review+Exam+1...

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Wills, Trusts, and Estates Week 5 Spring 2010
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Introduction to Estate Planning Definitions and Nomenclature Estate Planning Process Estate Planning Team Unauthorized practice of law
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Basic Estate Planning Documents Wills Types Requirements Common Clauses What you can and cant do with a will Contesting Intestacy Situs and Domicile Living Wills Powers of Attorney Powers of Appointment
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Types of Property Interests Real v. Personal Fee Simple Absolute
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Unformatted text preview: Tenancy in Common Joint Tenancy with Right of Survivorship Tenancy by the Entirety Life Estate Estate for Term of Years Remainder Interests Contingent Vested Reversionary Interest Community Property The Probate Process Advantages v. Disadvantages Legal v. Equitable Interests Complete v. Incomplete Transfers Fair Market Value Beginning to end Disclaimers Will substitutes...
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This note was uploaded on 09/22/2010 for the course FIN 3055 at Virginia Tech.

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Spring+2010+-+Wills%2C+Trusts%2C+and+Estates+-+Review+Exam+1...

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