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illy's client, Mr. Mathews, is self-employed as a carpenter. He has a dependent wife and two adult children who work in different provinces. He and
illy's client, Mr. Mathews, is self-employed as a carpenter. He has a dependent wife and two adult children who work in different provinces. He and his wife rent an apartment and do not own a home. Mr. Mathews has a health problem that makes him ineligible to take out disability or life insurance. Recently, Mr. Mathews inherited a rental property valued at $150,000, and this is his only real asset. The property was in poor repair and generated little income but Mr. Mathews does not want to sell it. Lilly advises Mr. Mathews to make a will. However, he is reluctant to do so because he believes that everything he owns will automatically pass to his wife. The intestacy laws of the province in which Mr. and Mrs. Mathews live do not provide for a preferential share to the spouse. If Mr. Mathews dies intestate, which of the following statements regarding the rental property will be TRUE?
Mrs. Mathews will receive title to the rental property and will be free to dispose of it as she sees fit.
The estate administrator will automatically order the rental property sold and the proceeds distributed among Mrs. Mathews and her two children according to provincial legislation.
Mrs. Mathews will be left with a part share in the rental property, few assets and little income unless her children consent to the sale of the rental property.
Mrs. Mathews will receive a life interest in the rental property.
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