Question
Gordons aunt, Fanny Wong, turned age 80 on 1 st August 2012, and is a widower with a substantial net worth of about $30,000,000. Her
Gordons aunt, Fanny Wong, turned age 80 on 1st August 2012, and is a widower with a substantial net worth of about $30,000,000. Her assets consist of sizable holdings of real estate, listed stocks, bonds and antiques (all is in Hong Kong). Since she is in poor health, she would like to ask for advice for her estate planning. She prefers to distribute her assets evenly among her son, Tom, her brother, Charles Wong, and her nephew Gordon Wong (Charles Wongs son). Fanny does not have any other relative except these three persons.
Assuming a will is written according to Fannys wishes, but unfortunately Charles predeceased Fanny. Who will be the beneficiary or beneficiaries of her estate?
i. Tom ii. Gordon Wong iii. The Hong Kong Government iv.
A charitable organization A. i and ii only B. i, ii, and iii only C. iv only D. All of the above.
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