I make two people out of one. What am I?

There is a basket full of hats. Three are white and two are black. Three men, Tom, Tim, and Jim, each take a hat out of the basket and put it on their heads without seeing the hat they selected or the hats the other men selected. The men arrange themselves so Tom can see Tim and Jim’s hats, Tim can see Jim’s hat, and Jim can’t see anyone’s hat. Tom is asked what color his hat is and he says he doesn’t know. Tim is asked the same question, and he also doesn’t know. Finally, Jim is asked the question, and he does know. What colour is his hat?

What does this below rebus puzzle mean?

What is the word or phrase?

There were two grandmothers and their two granddaughters.
There were two husbands and their two wives.
There were two fathers and their two daughters.
There were two mothers and their two sons.
There were two maidens and their two mothers.
There were two sisters and their two brothers.
Yet there are only six, who are buried here,
All are born legitimate and relationships clear.
How can this happen?

The ages of a father and son add up to 66.
The father's age is the son's age reversed.
How old could they be?
(3 possible solutions).

There are hundred red gems and hundred blue gems. The blue gems are priceless while the red gems equal wastage. You have two sacks one labeled Heads and the other Tails. You have to distribute the gems as you want in the two sacks. Then a coin will be flipped and you will be asked to pick up a gem randomly from the corresponding sacks.

How will you distribute the gems between the sacks so that the odds of picking a Blue gem are maximum?

What are the next two letters in the following series and why?
W A T N T L I T F S _ _

*Hint: Check Puzzle Title

If you say my name, I will no longer exist. What am I?

On one occasion, A Boy collects 71 rupees in form of 20 paise and 25 paise. He collects a total of 324 coins.

Can you tell me how many 20-paisa and 25-paisa he got?