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ryk, a Quebec resident, dies suddenly in a car accident leaving business debts of $250,000, a student loan of $12,000 and a segregated fund contract

ryk, a Quebec resident, dies suddenly in a car accident leaving business debts of $250,000, a student loan of $12,000 and a segregated fund contract that he purchased 3 years previously in the amount of $300,000 that names his mother as beneficiary. How much of the segregated fund contract can the creditors claim?

a.$0.

b.$262,000.

c.$12,000.

d.$250,000.

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