19. Assume for this question only that Veronica has a healthy baby girl and they name her Lily. The stress of the new baby deteriorates their relationship and Logan and Veronica break up 6 months later. Logan is ordered by the court to pay $20,000 a month in child support to Veronica which includes $40,000 a year for day care costs. What is Logan's yearly taxable gift to Veronica and how much is deductible for income tax? (Value - 10 points)

20. Assume Logan had charitable inclinations and decided he wanted to bequeath something to charity. Which of his assets would be the most advantageous to leave to the charity considering the tax effects on other non-charitable beneficiaries? (Value - 10 points)

21. Assume Logan and Veronica had Lily today and Logan wanted to issue a trust for Lily's future benefit. Logan would like to issue a trust that allows him to make use of the annual exclusion. He wants the trust to accumulate income until Lily reaches age 21, at which point the entire trust will be distributed to Lily. Which type of trust would be appropriate to accomplish Logan's goals? (Value - 10 points)

22. Logan is considering changing his will today. He wants the new will to leave everything to Veronica. Name and explain at least four clauses that should Logan consider including in his will. (Value - 16 points)

23. Logan is aware that estate taxes may be due upon his death. What strategies could be implemented to deal with the payment of those taxes? (Hint - at least 3 strategies must be addressed for full credit.) (Value - 10 points)

BONUS QUESTION: Would Logan's second will be admissible to probate in Texas? Why? (Value - 10 bonus points)