Barb and Ruth, who are sisters, own a parcel of real estate which they bought together as a joint tenancy with the right of survivorship. Barb is unmarried. Ruth is married with three children and two grandchildren
A. If Barb dies before Ruth, Ruth will become the sole owner of the real estate
B. If Barb dies before Ruth, her share will escheat to the state because she has no surviving spouse
C. If Ruth dies before Barb, her children, but not her grandchildren will take her share of the real estate
D. If Ruth dies before Barb, only Ruth's spouse will take her share of the real estate
A
You might also like to view...
Gifts of future interests do not qualify for the annual gift tax exclusion.?
Answer the following statement true (T) or false (F)
What steps may be taken to locate and use the resources for learning the Excel or Quattro Pro programs and their features?
What will be an ideal response?
This act covers maritime workers injured or killed on the navigablewaters of the United States.
A. The Federal Employers Compensation Act. B. The Black Lung Act. C. The Longshore and Harbor Workers’ Compensation Act. D. The Teamsters Act.
It is not necessary for a contract to state consideration flowing from one party to another.Â
Answer the following statement true (T) or false (F)