Bài giảng môn Quản trị kinh doanh - Chapter 31: Business law with ucc applications,13e

Business Law with UCC Applications,13eWills, Trusts, andAdvanced DirectivesChapter 31McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.Learning ObjectivesGive details about the sources of probate law and its relevance to bus i ness entities.Explain the formal requirements for executing a will.Determine whether a person who makes a will has the capacity to do so.Compare the protection of children with the protection of spouses under the law of wills.Identify the different methods of revoking or changing a will.Learning Objectives (cont.)Explain the three grounds for contesting a will.Describe who will inherit the property of someone who dies without a will.Describe the steps to be taken by an executor or administrator in settling an estate.Discuss the types and purposes of advance directives.Differentiate among the various types of trusts and determine when they might be used.Wills, Trusts, andAdvanced DirectivesSources and Relevance of Probate LawRelevance of Probate to BusinessProbate TerminologyWills, Trusts, andAdvanced DirectivesThe Law of WillsRequirements for Executing a WillProtection of Spouses and Children Revoking, Changing, and Contesting a Will Dying without a Will Simultaneous Death Settling an EstateWills, Trusts, andAdvanced DirectivesRequirements for Executing a WillSoundness of MindFormal RequirementsNeed for AccuracyInformal WillsWills, Trusts, andAdvanced DirectivesProtection of Spouses and ChildrenProtection of SpousesProtection of ChildrenWills, Trusts, andAdvanced DirectivesRevoking, Changing, and Contesting a WillRevoking a WillChanging a WillContesting a WillWills, Trusts, andAdvanced DirectivesDying without a WillRights of the Surviving SpouseRights of Other HeirsWills, Trusts, andAdvanced DirectivesAdvanced DirectivesLiving Wills and Health Proxies The Right to Die and the Supreme CourtWills, Trusts, andAdvanced DirectivesThe Right to Die and the Supreme CourtThe Government’s Compelling Interest in LifeLiving Wills and the Right to DieThe Science Court RevisitedWills, Trusts, andAdvanced DirectivesThe Law of TrustsTypes of Trusts Obligations of the Trustee