Jill’s will stated that her daughter, Kaye would devise the diamond engagement ring what had belonged to her grandmother, Edith. However, Jill gave her daughter the diamond engagement ring on Kaye’s 30th birthday instead. What happens now?
a. The executor has to pay Kaye the value of the ring
b. The executor has to give Kaye a ring of similar value
c. Kaye needs to pay taxes on the value of the ring to the estate
d. Nothing, Kaye received the ring as stated in the will, so it met “satisfaction”
d. Nothing, Kaye received the ring as stated in the will, so it met “satisfaction”
You might also like to view...
Which of the following defenses can completely bar the plaintiff’s recovery of damages?
A. Assumption of risk B. Contributory negligence C. Both assumption of risk and contributory negligence D. None of these choices.
Describe the IRAC method of briefing a case. What is most important in briefing a case??
What will be an ideal response?
What is a "mark?"
What will be an ideal response?
Only an individual debtor may file for relief under Chapter 7.
Answer the following statement true (T) or false (F)