Presentation is loading. Please wait.

Presentation is loading. Please wait.

O, who was widowed, died recently, leaving a child C and a stepchild D. O owned a life estate in Blackacre, a tract of land; A owned the remainder interest.

Similar presentations


Presentation on theme: "O, who was widowed, died recently, leaving a child C and a stepchild D. O owned a life estate in Blackacre, a tract of land; A owned the remainder interest."— Presentation transcript:

1 O, who was widowed, died recently, leaving a child C and a stepchild D. O owned a life estate in Blackacre, a tract of land; A owned the remainder interest. O also owned a remainder interest in Whiteacre, another tract of land; B owned the life estate. A and B are not related to O, and both A and B survived O. O died intestate. Which answer best describes the disposition of O’s interests in Blackacre and Whiteacre? A.C and D split Blackacre but acquire no interest in Whiteacre B.C inherits the remainder interest in Whiteacre but acquires no interest in Blackacre (correct) C.D acquires a life estate in Blackacre and the remainder interest in Whiteacre D.C and D acquire no interest in either Blackacre or Whiteacre

2 O died recently. O was not married. O was survived by O’s now divorced parents, H and W, as well as S1 and S2, two other children born to H and W, and two other siblings, S3, who is H’s child from a prior marriage, and S4 who is W’s child from a subsequent marriage to H2. O executed a will that leaves all of O’s property to F, a friend. F has filed the will for probate. Which answer best describes the members of O’s family that have standing to contest the will? A. S1, S2, S3, and S4, as well as H and W. B. S1 and S2, as well as H and W. C. H and W. (correct) D. H or W, depending on who was awarded custody of O at the time of the divorce.

3 After being widowed, O died and was survived by two adult children, C1 and C2. In the presence of several friends, O typed a letter addressed to both C1 and C2, stating that at O’s death, the home and its contents were to pass to C1. O explained to the friends what he was doing and then signed the letter. At all relevant times, O was a competent individual, and O’s friends are willing to testify as to O’s verbal statements. C1 and C2 did not receive the letter until after O’s death. Which answer best explains the most likely disposition of O’s home and its contents? A. The house and contents pass to C1 and C2 (correct) B. The house and its contents would pass to C1 C. The house but not the contents would pass to C1 D. The contents but not the house would pass to C1

4 O, who was unmarried, died recently. O was survived by a child, D. Another child of O, S, died several years before O died; S was survived by S’s children, A, B, and C. O’s valid will has been admitted to probate and simply says: “I devise all my property equally to A, B, and C. A died one day before O died; A was survived by A’s spouse, who is the sole beneficiary of A’s will, and A’s child, A1. B died one day after O died; B was survived by B’s spouse, who is the beneficiary of B’s will, and B’s child, B1. C survived O. Which answer best explains the most likely disposition of O’s estate following the formal administration of O’s estate? A. The entire estate passes to C B. 1/3 passes to A’s spouse; 1/3 passes to B’s spouse; and 1/3 passes to C C. 1/3 passes to A1; 1/3 passes to B1; and 1/3 passes to C (correct) D. 2/3 pass to C and D; and 1/3 passes to C

5 Kim executed a will which devised $10,000 each to her friends, Ned and Megan. Ned was deceased at the time the will was executed but had a son, Tim. Megan died after the will was executed but prior to Kim. She was survived by her brother, Lon, to whom she devised her entire estate. Kim's will devised the residue of her estate to her mother. How should Kim's estate be distributed? (UPC 2-603 and 2-604) A. $10,000 to Tim and the remainder to Kim's mother B. $10,000 to Lon and the remainder to Kim's mother C. $10,000 to Tim, $10,000 to Lon, and the remainder to Kim’s mother D. All to Kim’s mother (correct)

6 Kim executed a will which devised $10,000 each to her first cousins, Ned and Megan. Ned was deceased at the time the will was executed but had a son, Tim. Megan died after the will was executed but prior to Kim. She was survived by her brother, Lon, to whom she devised her entire estate. Kim's will devised the residue of her estate to her mother. How should Kim's estate be distributed? (UPC 2-603 and 2-604) A. $10,000 to Tim, $10,000 to Lon and the remainder to Kim's mother B. $10,000 to Tim and the remainder to Kim's mother (correct) C. $10,000 to Lon and the remainder to Kim’s mother D. All to Kim’s mother


Download ppt "O, who was widowed, died recently, leaving a child C and a stepchild D. O owned a life estate in Blackacre, a tract of land; A owned the remainder interest."

Similar presentations


Ads by Google