Action Involvement Project #3: Guardianship Criteria. fin dq

Business & Finance
Tutor: None Selected Time limit: 1 Day

Assume you have children and wish to identify a guardian for them in the event you die before they are adults. Make a list of criteria you and a significant other might consider when making such a decision.

Dec 31st, 2014

 I had four children with my wife but one passed on and now I have three children in number. These are:

(1). James Peters – Born on 5th March 1968

(2). Margaret Evans- born on 7th May 1971

(3). Mary Jackson- Born on 3rd September 1975

Apart from the above three mentioned my deceased child is Joseph Michaels- born on 5th April 1973 but passed on in 1991 and is succeeded by one son Maxwell Sirlif  who was born on 25th June 1987 in Oklahoma but at the moment lives in Texas.

In the event that am the sole surviving parent of minor children not mentioned herein, I appoint James David Powels to serve as their guardian. If s/he is unable or is unwilling to serve, I appoint Mary McGregor as the Alternate Guardian.

 BENEFICIARIES:

I give my property to the following persons:

45% of my wealth is to be given to my son James Peters, 15% should be given to my first daughter Margaret Evans and similarly 15% of my wealth should be given to the second daughter Mary Jackson and 20% of my wealth is to be given to the son of my deceased son Maxwell Sirleaf and the rest 20% of my wealth is to be inherited by my wife Mary McDonald.

Moreover, I dedicate the sole responsibility of taking care of my wife to my eldest son James Peters.

Note:

If any beneficiary under this Will does not survive me by 30 days, then I shall be deemed to have survived such person.

PERSONAL REPRESENTATIVE OR EXECUTOR:

I appoint Peter Georges (Lawyer) as Executor of my Will, and if s/he is unable or unwilling to serve, then I name Janet Alex as alternate Executor. My Executor and alternate shall have all powers granted by applicable laws of my state to carry out all provisions of this Will, may use provisions and procedures for the simplified handling of estates, may hold in trust the share of any minor beneficiary until s/he reaches age 18, and shall not be required to post a bond.


Dec 31st, 2014

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Dec 31st, 2014
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Dec 31st, 2014
May 27th, 2017
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