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Ted's will gives his house (worth $200,000) to Alfred, 100 shares of ABC Corp. stock (worth $200,000) to Ben, $50,000 to Carla, and the residue
Ted's will gives his house (worth $200,000) to Alfred, 100 shares of ABC Corp. stock (worth $200,000) to Ben, $50,000 to Carla, and the residue (worth about $300,000) to David. Now assume that when Leonard died he owned his house (worth $300,000) and he had $100,000 in a bank account. He had debts of $200,000. How is Leonard's estate distributed
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