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Author Question: When a testator provides for a bequest of his gold watch to his nephew, but the gold watch is not ... (Read 144 times)

ereecah

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When a testator provides for a bequest of his gold watch to his nephew, but the gold watch is not owned by the testator at the time of death: __________.
 A) the nephew is entitled to an equivalent amount of cash.
 B) the executor must purchase a similar gold watch for the nephew if funds are available.
 C) the bequest to the nephew fails by ademption.
 D) all legacies in the estate abate to provide funds to purchase a gold watch for the nephew.

Question 2

Suppose Bob dies intestate leaving Dina, his a widow, and two children, Ed and Fred, with five grandchildren. If the estate is distributed per stirpes: __________.
 A) Dina will receive the entire estate.
 B) Dina will receive one-half of the estate, and Ed and Fred will each receive one-fourth.
 C) Dina will receive one-half, and the grandchildren will receive the other half.
 D) the grandchildren will receive one-fifth of Ed and Fred's shares.



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peilian

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Answer to Question 1

C

Answer to Question 2

B




ereecah

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Reply 2 on: Jun 24, 2018
Excellent


skipfourms123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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