The terms of a will currently undergoing probate are: A gift to my brother David of $25,000 cash; to my son James, $50,000 from my Harbor Savings Bank account; and to my daughter Lila, all of my remaining property. At the time of death, the balance in the savings account was $40,000, and there was additional cash (after payment of funeral expenses and all claims against the estate) of $70,000.

1. The gift to David is a:

Demonstrative legacy.

Residual legacy.

Devise.

General legacy.

Specific legacy.

2. The gift to James is a:

Specific legacy.

Devise.

General legacy.

Demonstrative legacy.

Residual legacy.

3. The decedent resided in a state that does not treat a demonstrative legacy shortfall as a general legacy. How much would James have received from the estate?

$50,000.

$40,000.

$30,000.

$25,000.

$45,000.

4. The decedent resided in a state that does not treat a demonstrative legacy shortfall as a general legacy. How much would Lila have received from the estate?

$0.

$30,000.

$35,000.

$40,000.

$45,000.

5. The decedent resided in a state that treats a demonstrative legacy shortfall as a general legacy. How much would James have received from the estate?

$25,000.

$30,000.

$50,000.

$40,000.

$45,000.

6. The decedent resided in a state that treats a demonstrative legacy shortfall as a general legacy. How much would Lila have received from the estate?

$0.

$45,000.

$35,000.

$30,000.

$40,000.