n the late $1980$s$,$ Carsten Richter, from Germany, migrated to the United States, where he is now a citizen. A man of many talents and deep foresight, he has built a large fleet of oceangoing oil tankers during his stay in the United States. Now a wealthy man in his $60$s$,$ he resides in Aspen, Colorado, with his second wife, Gabriela, age $50.$ They have two sons, one in junior high and one a high$-$school freshman. For some time, Carsten has considered preparing a will to ensure that his estate will be property distributed when he dies. A survey of his estate reveals the following: Does Carsten really need a will? Explain why or why not? What would happen to his estate if he were to die without a will?