How Long to Read Trusts and Estates Simulations

By Danaya Wright

How Long Does it Take to Read Trusts and Estates Simulations?

It takes the average reader to read Trusts and Estates Simulations by Danaya Wright

Assuming a reading speed of 250 words per minute. Learn more

Description

This second edition updates references to state and federal laws, including changes to the tax code. Using an updated hypothetical, this book provides students the opportunity to draft an entire estate plan for a fairly typical couple, from the initial client meeting and retainer letter, to the will, revocable trust and the transmittal letter. Students can role-play as clients or lawyers and work in teams to draft the documents, or they can work through the documents individually.The chapters take them through the initial client meeting where they learn details about their clients' lives and probable beneficiaries. Then the students will analyze the clients' property and work through the advantages and disadvantages of different ways of holding the property, as well as the clients' intentions regarding the succession of the property at death. The students will learn to calculate homestead, family allowance, exempt property, intestate shares, and the elective share, in order to understand how the estate would devolve under various default rules. Then students will draft a living will, durable power of attorney, health care proxy, and disposition of physical remains. Finally, they will draft a basic will and revocable trust. When they are done drafting the plan documents, the students will draft a letter explaining the work they have done for their clients and enclose a final bill, which they will draft from the time sheets they will have maintained throughout the representation.The final chapters offer some additional drafting exercises to deal with future interests, a special needs trust, and the clients' acquisition of additional property that could lead to tax consequences. This book provides students with a real live case study, so when they reach practice, they should be able to hit the ground running.

How long is Trusts and Estates Simulations?

Trusts and Estates Simulations by Danaya Wright is 0 pages long, and a total of 0 words.

This makes it 0% the length of the average book. It also has 0% more words than the average book.

How Long Does it Take to Read Trusts and Estates Simulations Aloud?

The average oral reading speed is 183 words per minute. This means it takes to read Trusts and Estates Simulations aloud.

What Reading Level is Trusts and Estates Simulations?

Trusts and Estates Simulations is suitable for students ages 2 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Trusts and Estates Simulations?

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