Question
Martys Will contained bequests for each of his two children and four grandchildren. He specifically wanted a coveted piece of art he owned to go
Martys Will contained bequests for each of his two children and four grandchildren. He specifically wanted a coveted piece of art he owned to go to his daughter Julie. The rest of the beneficiaries were to inherit $100,000 each. Which of the following classifications of legacy apply under these circumstances?
Question 20 options:
|
| Julies bequest is classified as demonstrative while the other beneficiaries bequests are classified as residual |
|
| Julies bequest is classified as demonstrative while the other beneficiaries bequests are classified as general |
|
| Julies bequest is classified as specific while the other beneficiaries bequests are classified as demonstrative |
|
| Julies bequest is classified as specific while the other beneficiaries bequests are classified as general |
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
Free Dollar For College For Dummies
Authors: David Rosen, Caryn Mladen
1st Edition
0764554670, 978-0764554674
