9.07 finance assignment

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What’s With the Will?

Instructions:
  1. After carefully reviewing the information on creating a simple will, you will answer each of the following questions in a word processing document.
  2. Answer all questions in complete sentences remembering to check grammar, punctuation, and spelling.
  3. Assume you are 40 years old, married, and have three kids ages 8, 13, and 16.
    1. Determine two people you would consider to be good executors for your estate. Provide an explanation of why you would select him or her.
    2. Select two people to serve as guardians for your children. Explain why these people would serve well in this role.
    3. Who will serve as your Power of Attorney? Include your rationale for selecting him or her.
    4. Do you wish to be an organ donor?
    5. What are your burial preferences?
    6. Consider where you live, where can you go to have your will notarized and made legal?
    7. Identify the individuals and/or charitable organizations that will be made beneficiaries of your personal property.
    8. Research the minimum costs and procedures for drafting a simple will in your state.

Rubric

What’s With the Will
Excellent Good Needs Improvement Poor
Content 35–40 points
The work contains all the required elements:

  • responses to eight questions
  • all responses in complete sentences
29–34 points
The work contains mostof the required elements:

  • responses to eight questions
  • all responses in complete sentences
20–28 points
The work contains some of the required elements:

  • responses to eight questions
  • all responses in complete sentences
0–19 points
The work contains few of the required elements:

  • responses to eight questions
  • all responses in complete sentences
Quality 35–40 points
The what is with the will responses are completely accurate. Question responses are completely detailed, thoughtful, and are written in complete sentences.
29–34 points
The what is with the will responses are mostly accurate. Question responses are mostly detailed, thoughtful, and are written in complete sentences.
20–28 points
The what is with the will responses are somewhataccurate. Question responses are somewhatdetailed, thoughtful, and are sometimes written in complete sentences.
0–19 points
The what is with the will responses are inaccurate. Question responses are inadequately detailed, lack thoughtfulness, and are not written in complete sentences.
21st century presentation skills 17–20 points
The work is wellorganized, easy to read and comprehend. It has few spelling or grammar errors.
14–16 points
The work is mostlyorganized, easy to read and comprehend. It has few spelling or grammar errors.
10–13 points
The work is somewhatorganized with some difficulty to read and comprehend. It has somespelling or grammar errors.
0–9 points
The work lacksorganization, is difficult to read and comprehend. It has many spelling or grammar errors.
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