Page 236 - DMGT515_PERSONAL_FINANCIAL_PLANNING

Unit 12: Estate Planning

13. Write short notes on following: Notes
(a) Privileged and Unprivileged Wills
(b) Conditional or Contingent Wills
(c) Joint Wills

(d) Mutual Wills
(e) Duplicate Wills
(f) Concurrent Wills
(g) Sham Wills

(h) Holograph Wills
14. What is a will?
15. How can a person change his or her will?
16. What is a trust?

Answers: Self Assessment

1. True 2. True

3. False 4. False
5. True 6. Holograph Will
7. Joint Will 8. Unpriviliged will

9. Joint Will 10. Priviliged Will
12.11 Further Readings

Books Dennis Clifford, Estate Planning Basics; Nolo
Goldberg G. Philip, Estate Planning, General Books

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