Graham's Will Leaves $100,000 to His Two Children,harry and Ida.when
Graham's will leaves $100,000 to his two children,Harry and Ida.When Graham dies,he only has $80,000 to honor his bequests.Harry and Ida each receive $40,000.This is
A) a constructive trust.
B) an abatement.
C) a violation of the law.
D) a devise.
Martin's will states,"I leave my gold pocket watch to Laurie." Laurie dies before Martin.This creates
A) an abatement.
B) a general devise.
C) a lapsed legacy.
D) a residuary legacy.
The owners of Designer Software,Inc.,want to execute wills.Eve is fifteen years old,Fran is seventeen,and Gail is nineteen.In most states,those with the capacity to execute a will are
A) all of the owners of Designer Software.
B) Fran and Gail only.
C) Gail only.
D) none of the owners of Designer Software.
Jill handwrites what she intends to be her will on a blank sheet of paper in ink.If Jill has capacity,this "will" is valid
A) under no circumstances.
B) if Jill signs it, without more.
C) if Jill signs it and at least three witnesses sign it.
D) if Jill signs it, at least three witnesses sign it, and it is filed in the appropriate state or county office.