Law of succession Coursework Example | Topics and Well Written Essays - 3000 words

Law of succession - Coursework ExampleHowever, there are issues that boot out in this case, which this paper seeks to discuss. First, enzyme-linked-immunosorbent serologic assay failed to document basic discipline on the will, but only went to an boundary of instructing Mary that she wished her properties to be in equal shares to her children Damon, Nigel, and Bella. In this case, it would be paramount if the will had basic information that entails name, matrimonial status, children, and address. It is smart to provide basic information before drawing up the will, which act as a clear guide of how the will relates to the testator and his beneficiaries. In this case it would be essential to draw the intended beneficiaries, their relationship to her, where they lived, and their age, which lack of it would lead to protracted legal claims and redundant confrontations between the deceased later. succeeding(a) this, Elisa could ingest carefully considered the emotional and practical impact of the will when it lacks some basic information. As discussed, Elisas will lack basic information on the childrens age, Elisa marital status, and her address all, which are indispensable in transfer of the will. Despite having a strong desire to score her shares to her deuce-ace children, there are issues which arise on the will lacking some basic information. In this case, it would be paramount for Elisa to state the age of her children in the will so that in the future, it would decimate problems attributed by lack of this information. Still, it would be paramount to indicate address and marital status to avoid misconceptions that Elisa was once married hence, the partner demands the getance (Francis 2003, p80). Secondly, the case lack an executor who would oversee the distribution of properties as stipulated in the will. Choosing an executor is the close important decision in that he tends to carry out the final wishes. In most cases, most people prefer to pick an a dult child or a spouse to impersonal third party. However, it makes sense choosing a neutral third party to carry out the wishes of the will because he would carry out his procedures without favoritism. As indicated in the case, when Elisa died, crisis existed since according to will, the residuary estate should be equalized among her three children, but conflicts emerged of the will having people such as Dante who Elisa had never known. Such crisis would not elapse if, there was an Executor who would carry out the wishes of the will. It is indispensable to bear in mind Marys tariff was to draft Elisas will professionally. Nevertheless, making a valid will requires testator to have an executor who would ensure that everyone respects the will. It is crucial to note that, children under the age of 18 years should not inherit parents estate. This is the most important reason why it makes sense, having an executor in the will to carry out the final wishes stated (Lifford 2003, p50). Thirdly, an issue arises on, lacking to list all assets, their cost, their worth, and their location. Still, the will fails to indicate where Elisas children live and their respective(prenominal) age. It is true that a will is a chance to list the basic information of the assets, the intended beneficiaries, and their age. This would demo that the beneficiaries are of the sound mind and memory. Typically, since Elisa wished