Question
Lara owns the following property: A $593,376 life insurance policy on her own life. The beneficiary is Lara's son Josh. A car titled JTWROS with
Lara owns the following property:
A $593,376 life insurance policy on her own life. The beneficiary is Lara's son Josh.
A car titled JTWROS with Lara's dad.
A 401(k) plan valued at $300,000 with her mother Jany and her son Josh named as 50/50 beneficiaries.
A house titled in the name of Lara valued at $993,161
What amount of money will be included in her probate estate?
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
4th Edition
0470534788, 978-0470534786
