Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Almt Francine, a widiow, died recently, survived by a daughter (Emily) who has no chilfren, and two grandchildren (Eric and Jose) from a predeceased son

image text in transcribed
image text in transcribed
Almt Francine, a widiow, died recently, survived by a daughter (Emily) who has no chilfren, and two grandchildren (Eric and Jose) from a predeceased son (Nouh. Her gross estate consisted of the following - He primary nesidence in Cates Mik. OH (\$750.000) that she inherited from her parents - A vaciation homent in Wermillion worth 5300.000 - An life incurance policy with a 5500.000 death beneft naming Nooh as primary beneficlary and Eric and lose as 50x50is secondiry or continkent beneficiaries - A 5100,000 harik accourt in her individual rame at Dollar Bank that she had opened many years ago and forgot about. Aant francines s will keht the primary metidence to Emily and the vacation home to Noah, per stirpes. Thirkire everythirg else would pass outside of erobate hier will dad Nor inchado a riduary clane. Frine, mhat in the vake of Aunt Francines probate estage? 5750000 1.140000 51.40000 51050.000 Same facts, different question. consisted of the follewing - Mer primary residence in Gases Mik, OH($750,000 that she inherited from her parents - A vacition hame in Verruilion worth 5300.000 - An lile inourance policy with a 5500.000 death benefit naming thoah as primary beneficiary and Eric and Jose as 50055005 secondary or coritinget beneficlarim - A 5100.000 bark accouri in her individual name at Dollar Bank that she had opened muny vears ago and forgot about. - A A0100 fretirnmene accoure with her employer worth $400.000, raming Emily as 500 beneficiary, and Eric and lose as 25% beneficuries each Aumt franciners will inth the primary residence to Emily and the vaciation home to Nowh per stirpes. Thinking everything ebe would pass outride of arobate, her will did Nor inclaak a tridiary clase How much wh Eric leiterit folesie count whar he inherits under the will under intestate wiccessiont and outside of probutel 57+5008 5750.000 5525,000 sscsin Almt Francine, a widiow, died recently, survived by a daughter (Emily) who has no chilfren, and two grandchildren (Eric and Jose) from a predeceased son (Nouh. Her gross estate consisted of the following - He primary nesidence in Cates Mik. OH (\$750.000) that she inherited from her parents - A vaciation homent in Wermillion worth 5300.000 - An life incurance policy with a 5500.000 death beneft naming Nooh as primary beneficlary and Eric and lose as 50x50is secondiry or continkent beneficiaries - A 5100,000 harik accourt in her individual rame at Dollar Bank that she had opened many years ago and forgot about. Aant francines s will keht the primary metidence to Emily and the vacation home to Noah, per stirpes. Thirkire everythirg else would pass outside of erobate hier will dad Nor inchado a riduary clane. Frine, mhat in the vake of Aunt Francines probate estage? 5750000 1.140000 51.40000 51050.000 Same facts, different question. consisted of the follewing - Mer primary residence in Gases Mik, OH($750,000 that she inherited from her parents - A vacition hame in Verruilion worth 5300.000 - An lile inourance policy with a 5500.000 death benefit naming thoah as primary beneficiary and Eric and Jose as 50055005 secondary or coritinget beneficlarim - A 5100.000 bark accouri in her individual name at Dollar Bank that she had opened muny vears ago and forgot about. - A A0100 fretirnmene accoure with her employer worth $400.000, raming Emily as 500 beneficiary, and Eric and lose as 25% beneficuries each Aumt franciners will inth the primary residence to Emily and the vaciation home to Nowh per stirpes. Thinking everything ebe would pass outride of arobate, her will did Nor inclaak a tridiary clase How much wh Eric leiterit folesie count whar he inherits under the will under intestate wiccessiont and outside of probutel 57+5008 5750.000 5525,000 sscsin

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Dare To Be Different An Auditors Personal Guide To Excellence

Authors: Daniel Clark

1st Edition

1490772405, 978-1490772400

More Books

Students also viewed these Accounting questions

Question

3. What are the current trends in computer hardware platforms?

Answered: 1 week ago