Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Homework Assignment No. 100 Assignment: 1) Determine the interest that Jessica Denard owns in the Hiram Brown Estate. Show the calculations and state jessica's interest

image text in transcribed
Homework Assignment No. 100 Assignment: 1) Determine the interest that Jessica Denard owns in the Hiram Brown Estate. Show the calculations and state jessica's interest to your employer via a memo. Determine the number of acres that Jessica Denard can convey - if any. Present the number of acres she will own via a letter to the client, Jessica Denard. Record Information: Your firm was hired by Jessica Denard to locate the boundaries. She is a co-owner of 148 acres of land along a lake. The land has been in her family for some time. The last deed describing the boundaries of the property was recorded in 1848. It gives a description of the land The area is said to be 148 acres. In 1848, the property was conveyed by Ben Wagner to Hiram Brown using a warranty deed as found in deed book N. page 198. Hiram Brown died intestate in 1901. He was survived by three children: Stacy Watkins (Brown). Ann Jackson (Brown], and Symond Brown. Stacy Watkins died testate leaving all her property to her two children Lacy Bell (Watkins] and Samuel Watkins. Ann Jackson died intestate in 1939. She was survived by three children: Glenna Jackson, George Jackson, and Phil Jackson. Symond Brown died testate in 1923 leaving all his property to his child, Rebecca Brown. Samuel Watkins died intestate in 1945 survived by four children: Arlan Watkins, Luke Watkins, Cathy Firth (Watkins], and Lulu Watkins. Rebecca Brown died testate in 1972 leaving all her property to her great nephew, Luke Watkins. Arlan Watkins had two children as his sole heirs. Elizabeth Watkins and Conrad Watkins. Arlan Watkins had dementia in the last years of his life. Two months prior to Arlan's death, Elizabeth Watkins, Arlan's daughter, gave a quit claim deed to her share of the lakefront property to her uncle Luke Watkins. One month prior to Arlan's death, Conrad Watkins, Arlan's son, gave a warranty deed for his share of the lakefront property to his uncle Luke Watkins. Arlan died intestate in 1981 with the two children as his sole heirs Cathy Watkins married Arnold Firth Shortly after their wedding, Cathy deeded all her interest in her lakefront property to herself and her husband as joint tenants with the right of survivorship. The marriage was a little rocky. Five years later, Cathy Watkins deeded her title to the lakefront property to Luke Watkins

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

9781119563099

Students also viewed these Law questions