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Jan Has Two Daughters,ann and Betty

Question 119
Multiple Choice

Jan has two daughters,Ann and Betty.Each of these daughters has two sons.While all of these persons are living,Jan writes a will leaving her entire estate to her "lineal descendants,per capita." After Jan writes this will,the older daughter,Ann,dies.Jan dies next.If the value of Jan's estate is $120,000,how much does Ann's older son receive? A) $20,000 B) $24,000 C) $30,000 D) $36,000 E) $40,000

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Stella has two adult children,Fred and Ethel.Fred was married,but his wife has died.They had one child.Rita.Ethel was also married,but she has died.Her husband Ed is alive,as is Ethel and Ed's child Betty.If Stella dies intestate,how is her estate distributed? A) all to Fred B) to Fred and Ed equally C) to Fred, Ed and Betty equally D) to Fred Rita and Betty equally E) to Fred, Ed, Rita and Betty equally
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Betty has only one child,Michael.Upon her death,she is planning on leaving all her assets to him by creating a living trust.What is needed to ensure that the distribution of property goes to Michael? A) She should transfer title of property to the trust. B) She should establish another "after death" trust to cover only property. C) She should have both a will and a living trust. D) She should have two wills: one covering income and one covering property. E) She should transfer title of property to the trustee.
Q 122
How does the equitable distribution of property differ from community property distribution? Is the concept of community property fair?
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