Peter, a single dad with three children aged 21, 11 and 9 died recently. His late wife, Wendy died giving birth to their third child. Peter did not have a will. His estate comprises the following assets: Family home: $330,000 Superannuation: $115,000 Cash: $15,000 Family car: $20,000 Art work: $8,000 a. Describe some of the issues associated with Peters intestacy. b. Outline some of the estate planning strategies that Peter could have considered if he had prepared a will. c. What are the advantages of having a valid will in place.