For #43-45: Assume two brothers, Sean and Michael,(both brothers are unmarried. Sean has twochildren)buy an apartment building together in the campus areafor $1,000,000.00, as joint tenants with rights of survivorship. Neither has done any estate planning.

43. True or False: When Sean dies his interest will transfer without probate to Michael

44. True or False: Assume they If Sean dies first, 50% of the value of the property will be included in his gross estate even though he paid $600,000.00 of the total price when the property was purchased

45. True or False: If they own the property as Tenants in Common instead of joint tenants with rights of survivorship, Seans interest in the property will pass to his children via probate.