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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. a. At Ted's death he owned no ABC Corp. stock because he had sold it. He invested the proceeds in corporate bonds. What, if anything, does Ben get? b. At Leonard's death he owned no ABC Corp. stock because ABC had merged with XYZ Corp. Leonard owned 100 shares in XYZ Corp. that he obtained as the result of the merger. He owned 100 additional shares in XYZ that he purchased after the merger. What, if anything, does Ben get? c. About a year before he died, a conservator was appointed for Leonard. The conservator sold Leonard's house for $300,000 when Leonard had to move to assisted living. When Leonard died, he owned the ABC Corp. stock (assume no merger) and $500,000 in other investment assets. How is Leonard's estate distributed? d. Assume that when Leonard died he still owned his house (worth $300,000), he owned the ABC Corp. stock (worth $250,000), and he had $100,000 in a bank account. How is Leonard's estate distributed? e. Now assume that when

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