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Topic 82: Methods of Property Transfer at Death - 287 (3) The will should contain a provision that appoints an ancillary executor for disposing the property 2 Operation of law (title) A Operation of law refers to the passing of rights to a property from one person to another by the application of the established laws This action uses laws speci c to the situation and is done without any effort by the persons involved B Examples of operation of law as it relates to property interests (1) Joint tenancy with right of survivorship (JTWROS) (a) Equal ownership and automatic survivorship (b) Involves an undivided right to possess the property (c) Not subject to probate (2) Interests by the entirety (a) This is like joint tenancy, but can be created only between a husband and wife (b) It is unlike joint tenancy, in that neither spouse can transfer property without the consent of the other spouse (c) Not subject to probate (3) Tenancy in common (TC) (a) Can be unequal ownership and includes no automatic survivorship (b) Involves an undivided right to possess the property (c) Subject to probate (4) Community property (CP) (a) Exists only between spouses (b) CP is created immediately on acquisition of the property (c) No automatic survivorship Decedent s share can be transferred to someone other than spouse, with the use of a will (d) Decedent s share is subject to probate (5) The extent of ownership interest in property (a) Fee simple Complete ownership with all rights (sell, gift, transfer, etc) Property will pass through probate (b) Life estate Ownership interest ceases at death For example, Steve assigns his interest in a house to Sarah, his close friend, for her use to enjoy until her death Sarah has received a life estate in the house 3 Transfers through trusts A A trust is created to hold, manage, and distribute assets to the bene ciaries as indicated by the grantor of the trust Property held in a trust is called the principal (also called the corpus or trust estate) Almost any form of property or asset can be included in a trust B There are three major parties to a trust: (1) Trustor (also called grantor, settlor, or creator) The person who creates the trust and whose property is used to fund the trust (2) Trustee The person or entity that takes legal title and manages the trust assets (3) Bene ciary The person who enjoys the bene cial interest in the trust C There are two principal forms of trusts: (1) Inter vivos or living trust Activated immediately upon its creation It is generally funded during the life of the trustor.

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The use of the SingleThreadModel interface guarantees that only one thread at a time will execute in a given servlet instance's service method It is important to note that this guarantee only applies to each servlet instance, since the container may choose to pool such objects Objects that are accessible to more than one servlet instance at a time, such as instances of HttpSession, may be available at any particular time to multiple servlets, including those that implement SingleThreadModel To confuse things further, elsewhere the spec indicates that although all non-

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288 - Estate Planning (2) Testamentary trust Written into the will and implemented upon death The funding mechanism is the probate process D Transfers through trusts occur for ve primary reasons: (1) To provide for multiple bene ciaries (2) To manage property in the event of incapacitation (3) To protect bene ciaries from themselves and others (4) To avoid probate (5) To reduce transfer taxes 4 Transfers by contract A Transfer by contract refers to the passing of assets through (1) Life insurance contracts (2) Annuities (3) Quali ed retirement plans (4) Buy-sell agreements (5) Prenuptial agreements B Transfer by contract avoids probate if the bene ciary is someone other than the estate

SingleThreadModel servlets have only one instance in a given servlet container, instances of SingleThreadModel servlets may be pooled! Thus, the only real benefit of this model

Since the job is running in foreground mode, I don t get a new command line interface prompt until the jobs nishes.

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would appear to be implicit, instance-specific isolation From my point of view, although SingleThreadModel appears to make request serialization easier, it's probably more confusing and can lead to unexpected execution results Also, its actual implementation depends on the container vendor Given the specification guarantee that there will be only one instance of non-SingleThreadModel servlets, synchronization of methods or code blocks using the Java synchronized keyword is far easier and more natural There are two other very good reasons to use this method rather than SingleThreadModel:

1 Wills A Legal requirements (1) A will provides the testator with an opportunity to control the passing of his or her property and thus avoid intestacy (2) Requirements for making a will (a) Generally any person 18 or older of sound mind (b) Less mental capacity is required by law to make a will than to make a contract The testator must know the nature and extent of the property and the natural objects of his or her bounty (c) Typically must be in writing, signed by the testator, and witnessed by at least two persons (3) A will is revocable revised or amended by codicils Codicils are supplements to wills, executed under the same rules as wills B Types of wills (1) Holographic will One written entirely by the testator, which is valid in some states without the formality of witnesses (2) Nuncupative will An oral will spoken by the testator during the last illness in the presence of the required number of witnesses (3) Living will A legal document executed by the testator declaring what medical treatment and procedures, such as life support, may or may not be used in the event that he or she becomes unconscious or incompetent (4) Joint wills (also called mutual or reciprocal wills) Two separate wills that share reciprocal provisions for the disposition of property in the event of death by one of the parties (5) Pour-over will A will that distributes, at the testator s death, probate assets to a trust previously created

Serialization is more explicit, which is better programming practice Performance tends to be better because the periods of serialization will be minimal (ie, only when it's needed)

GRUB indicates disk partitions using the following notation: (hd0,0). The first number represents the disk, and the second is the partition on that disk. So, (hd0,1) is the second partition (1) on the first disk (0).

Earlier I suggested that servlets are best used as interactive session managers To understand this a little better, we need to discuss session management in more detail Simply put, session management is the idea of associating a series of activities with a distinct end user For example, if we're deploying an online bookstore, a session might be composed of the following activities: 1 2 3 4 5 6 User logs in User searches for mystery books User investigates a new book by Philip Margolin User purchases the book User searches for new Java books User logs out

FUNDAMENTAL CONSTANTS AND CONVERSION FACTORS NUCLEAR WALLET CARDS PERIODIC TABLE OF ELEMENTS LIST OF ELEMENTS ELEMENTS OF QUANTUM MECHANICS

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