FACTS: On April 24, 1987, Alice Price executed a will naming Stanley Coleman as executor and sole beneficiary of her estate. A promissory note, in the amount of $10,000 signed by Dr. Heidke on January 8, 1983, was part of the estate. Ms. Price took the note for value, in good faith, without notice that it is overdue, dishonored, or subject to defenses or adverse claims. Mr. Coleman, who did not give any value for the note, presented the note to Dr. Heidke for payment. Dr. Heidke refused to pay the note and claimed that Mr. Coleman is not a holder in due course and is, therefore, subject to ordinary contract defenses involved with the original transaction.

ISSUE: Can Mr. Coleman, as the beneficiary of Ms. Price's estate, be a holder in due course of the promissory note? Why or why not? (