Q-1 a) What issues arise when Ian dies in 2008 and the value of the property is assessed at $345,000? b) Did the creation of the life interest defeat the potential inheritance claim of X? Q-2 Was there a better way to achieve Ian’s estate plan wishes? Assessment -3 (Communication Skills Assessment) Consider the reading of a will. A common question asked in estate planning is whether the Executor of an estate has
Activity 1 Jack and Jill are married old age pensioners. They have investment assets worth $240,000 and they own their home. Jill dies. Her…