Question
Sam owned a business, as well as the land and buildings the business was on. Sam died leaving a will in which his real property
Sam owned a business, as well as the land and buildings the business was on. Sam died leaving a will in which his real property and business belong to his brother Rob, and remainder to his wife, Amanda. The two disagreed on how to manage the business. Rob wanted to expand rapidly while Amanda preferred slow growth. Rob fired Amanda.
Years later, Rob died with a will giving his entire estate to his wife, Sally.
Which wife is entitled to the business? Which wife is entitled to the land and buildings? Would your answer be different if Rob (without Amanda's consent) had placed a first and second mortgage against his interest in the property and allowed the first mortgage to go into default but not the second?
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