George, an elderly widower, has no children of his own but enjoys a very close relationship with his two stepdaughters, his late wife's children by her first marriage. George's only living blood relative is his brother, from whom he has been estranged for many years. George has a substantial amount of property—his home, two cars, stocks and bonds, rental property, bank accounts, and a valuable collection of baseball cards. Though retired, George is an active volunteer for, and supporter of, several community charities and organizations. Presently, George does not have a will, but he is considering writing one.
What will happen to George's property upon his death if he does not have a will at that time?
What are the requirements for executing a valid will?
What can cause a will to be invalid?
After George's death, how would his estate be probated?
If George decided to create a trust to benefit his stepdaughters, what is required to create a trust, and what are the legal duties of a trustee? What are the ethical duties of a trustee?
