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Estate Planning Bob's Will leaves his beach house in Florida to Peggy Sue for her life and then to Sally in fee. All of Bob's
Estate Planning
Bob's Will leaves his beach house in Florida to Peggy Sue for her life and then to Sally in fee. All of Bob's property is otherwise left to Lucy. This means:
A. Sally and Peggy Sue are Bob's heirs.
B. Peggy Sue has a life estate and Sally is the Will's residuary beneficiary.
C. Peggy Sue and Sally both are beneficiaries under Bob's Will.
D. If Sally dies before Peggy Sue dies, then Bob is intestate as to the beach house.
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