Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Estate planning Bob's Will makes a few specific bequests to Donald and Nancy and then passes the remainder of his property to a revocable living
Estate planning
Bob's Will makes a few specific bequests to Donald and Nancy and then passes the remainder of his property to a revocable living trust. Which of the following statements is most correct?
A. This is invalid because the trust becomes irrevocable at the moment of Bob's death and cannot accept any new property.
B. This is ok; it is an example of a pour-over Will.
C. If Donald and Nancy predecease Bob then Bob is intestate as to those specific bequests.
D. None of the above statements is correct.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started