Question
Gordon's aunt, Fanny Wong, turned age 80 on 1stAugust 2012, and is a widower with a substantial net worth of about $30,000,000.Her assets consist of
Gordon's aunt, Fanny Wong, turned age 80 on 1stAugust 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 Wong's son).Fanny does not have any other relative except these three persons.
Which of the following assets will be included into Fanny's estate if Fanny dies today?
i.Real estate
ii.Securities
iii.Bonds
iv.Antiques
A.
i only
B.
ii and iii only
C.
iv only
D.
All of the above.
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