The article about Aretha Franklin mentions her significant debt to the IRS. Explain the process… 1 answer below »

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This assignment assesses concepts based on Unit 5 readings and resources. There are 4 essay

questions included. Each answer should use your textbook as a source. You may use outside

sources to enhance your answer. Review your answers and compare it to the question to ensure you

answered what is being asked. If there are multiple parts, be sure to answer each part completely.

Instructions:

Click on the assignment link in Blackboard and enter your answers to the following essay questions:

1. The article about Aretha Franklin mentions her significant debt to the IRS. Explain the process

of abatement, and using one of her holographic Wills, describe how the abatement process

would affect the distribution of legacies and devises according to that Holographic Will. Use

both the textbook and article links for your citations. (2-3 paragraphs)

2. Using your textbook, explain the term “per stirpes” and how it differs from “per capita” distribution

in intestate succession. After each definition, provide an example. (2-3 paragraphs)

3. Can a surviving spouse be disinherited in the will? (3-4 sentences)

4. Explain the advantages and disadvantages of a Will. (2-3 paragraphs)

Attachments:

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