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Wednesday, February 22, 2006

Wills & Trusts Gem of the Day

Prof: Class gifts are those where the beneficiaries are not necessarily known when the will is written and are designated by a generic term. To whom do you think the most popular class gift is left?


Prof: Children!! And the second most popular?


Prof: Grandchildren!!
Clueless Student: (At same time) Spouses.

Prof: What? Did you say "spouses"? Maybe in Utah, my friend. Not in Texas.


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