Purdue PA221 Unit 6 Discussion (dq1+dq2) Latest 2020 August

PA221 Wills, Trusts, and Estate Planning

Unit 6 Discussion

DQ1 In the interest of conducting a lively, engaging discussion, please keep the following in mind:

Opposing viewpoints are important to any vibrant discussion, but remember to use internet etiquette and be respectful of your classmates’ views and opinions. Provide constructive feedback or ask clarifying questions if you do not understand a classmate’s comment. Most importantly, have fun interacting with the unit content, your classmates, and your instructor!

For Discussion Board requirements, refer to your course Syllabus or to the Discussion Board Rubric, posted under Grading Rubrics.

Topic 1: Trusts and Wills

What can a client accomplish with a trust that they cannot accomplish with a will? What can a client accomplish with a will that they cannot accomplish with a trust? Which would be better for you and why?

Post your thoughts and responses here and engage in discussion with your classmates.

Review and respond to at least two of your classmates’ posts.

Resources

Jarrell, M. (2020, April). Will vs. trust: What’s the difference? https://www.investopedia.com/articles/personal-finance/051315/will-vs-trust-difference-between-two.asp

Garber, J. (2019, August). Living will vs. living trust: Which estate-planning option is right for you? https://www.thebalance.com/living-will-vs-living-trust-3505198

DQ2 In the interest of conducting a lively, engaging discussion, please keep the following in mind:

Opposing viewpoints are important to any vibrant discussion, but remember to use internet etiquette and be respectful of your classmates’ views and opinions. Provide constructive feedback or ask clarifying questions if you do not understand a classmate’s comment. Most importantly, have fun interacting with the unit content, your classmates, and your instructor!

For Discussion Board requirements, refer to your course Syllabus or to the Discussion Board Rubric, posted under Grading Rubrics.

Topic 2: Spotlight on the Profession

Please interview a paralegal or attorney working in the area of estate planning and administration, and report three things that you learned from your interview. Did anything surprise you? What did you find especially relevant to your role as a paralegal professional?

Please review and respond to at least two of your classmates’ posts.