Components of Wills Self-Quiz
Manuel has
three children, two daughters and a stepson. He first drafted a will five
years ago that left all his property to his two daughters. A second will
left all his property to his second wife, Allison. A third will left all
his property to Allison, his two daughters and his stepson. Manuel dies.
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Deborah executed
her will in 1995, naming her son, Aidan, the executor and principal beneficiary
of any personal property except that designated by a list of bequests
contained in a notebook. Aidan had never seen his mother with this notebook;
however, he was generally aware of who she wanted to leave her property
to. Her will left any real property to her sisters, Dawn and Lynne. However,
Deborah had developed a friendship with one of her tennis partners, Everett.
She wanted to leave him her tennis memorabilia. In late summer, right
before the U.S. Open, Deborah caught pneumonia and spent several days
in the hospital. During her stay, one of the nurses brought her a notebook
so she could record her bequest to Everett. Two days later, Deborah died.
Although Aidan received the notebook from the hospital, he refused to
give Everett the items.
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Bo and his
wife, Vicky, started a business that makes parts for cars in suburban
Toledo, OH, 30 years ago. At the time, they were fresh out of high school.
Many of the employees who started with them still work for them today.
To show their appreciation for their employees’ loyalty, each will
bequeathed $500 to each person employed in the business at the time of
either one’s death. This type of bequest is valid.
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