Michael and Jessica have two children. In addition, Michael has a child from his previous marriage to

Question:

Michael and Jessica have two children. In addition, Michael has a child from his previous marriage to Ashley. Unfortunately, one day a big bus hit and killed Michael. The assets in his IRA and 401(k)

accounts amount to $700,000. Who is likely to get the $700,000 now that Michael has died?

A. First wife, Ashley B. Second wife, Jessica C. Children of fi rst or second wife D. Michael’s mother

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Personal Finance

ISBN: 9781439039021

10th Edition

Authors: E Thomas Garman, Raymond E Forgue

Question Posted: