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1. Marie Hardys will has the following provisions: I leave the cash balance deposited in the First National Bank (up to a total of $52,300)

1. Marie Hardys will has the following provisions:

"I leave the cash balance deposited in the First National Bank (up to a total of $52,300) to Jack Abrams. I leave $19,600 cash to Suzanne Benton. I leave 1,270 shares of Coca-Cola Company stock to Cindy Cheng. I leave my house to Dennis Davis. I leave all of my other assets and properties to Wilbur N. Ed."

a. Assume that the estate has the following assets: $36,800 cash in the First National Bank, $17,300 cash in the New Hampshire Savings and Loan, 990 shares of Coca-Cola stock, 1,390 shares of Xerox stock, a house, and other property valued at $13,300. What distributions will be made from this estate?

b. Assume that the estate has the following assets: $57,100 cash in the First National Bank, $6,000 cash in the New Hampshire Savings and Loan, 1,390 shares of Coca-Cola stock, 630 shares of Xerox stock, and other property valued at $26,000. What distributions will be made from this estate?

(Make estate distributions in the order mentioned in the question.)

a.

Cash

Cindy Cheng, Dennis Davis,

Jack Abrams,

Suzanne Benton,

Wilbur N. Ed ?

?

Cash

Cindy Cheng, Dennis Davis,

Jack Abrams,

Suzanne Benton,

Wilbur N. Ed ?

?

Coca-Cola stock

Cindy Cheng, Dennis Davis,

Jack Abrams,

Suzanne Benton,

Wilbur N. Ed ?

?

Shares

House

Cindy Cheng, Dennis Davis,

Jack Abrams,

Suzanne Benton,

Wilbur N. Ed ?

?

Other property

Cindy Cheng, Dennis Davis,

Jack Abrams,

Suzanne Benton,

Wilbur N. Ed ?

?

b.

Cash

Cindy Cheng, Dennis Davis,

Jack Abrams,

Suzanne Benton,

Wilbur N. Ed ?

?

Cash

Cindy Cheng, Dennis Davis,

Jack Abrams,

Suzanne Benton,

Wilbur N. Ed ?

?

Coca-Cola stock

Cindy Cheng, Dennis Davis,

Jack Abrams,

Suzanne Benton,

Wilbur N. Ed ?

?

shares

House

Cindy Cheng, Dennis Davis,

Jack Abrams,

Suzanne Benton,

Wilbur N. Ed ?

?

Other property

Cindy Cheng, Dennis Davis,

Jack Abrams,

Suzanne Benton,

Wilbur N. Ed ?

?

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