Question
Marie Hardys will has the following provisions: I leave the cash balance deposited in the First National Bank (up to a total of $53,900) to
Marie Hardys will has the following provisions:
"I leave the cash balance deposited in the First National Bank (up to a total of $53,900) to Jack Abrams. I leave $19,500 cash to Suzanne Benton. I leave 1,250 shares of Coca-Cola Company stock to Cindy Cheng. I leave my house to Dennis Davis. I leave all of my other assets and properties to Wilbur N. Ed."
-
Assume that the estate has the following assets: $39,000 cash in the First National Bank, $16,700 cash in the New Hampshire Savings and Loan, 970 shares of Coca-Cola stock, 1,450 shares of Xerox stock, a house, and other property valued at $13,200. What distributions will be made from this estate?
-
Assume that the estate has the following assets: $58,700 cash in the First National Bank, $6,200 cash in the New Hampshire Savings and Loan, 1,450 shares of Coca-Cola stock, 560 shares of Xerox stock, and other property valued at $30,000. What distributions will be made from this estate?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started