In 2004, Roy Martin and his wife, Alice; their son, Hiram; and Hirams wife, Myrna, acquired title
Question:
In 2004, Roy Martin and his wife, Alice; their son, Hiram; and Hiram’s wife, Myrna, acquired title to a 240-acre farm. The deed ran to Roy Martin and Alice Martin, the father and mother, as joint tenants with the right of survivorship, and to Hiram Martin and Myrna Martin, the son and his wife, as joint tenants with the right of survivorship. Alice Martin died in 2012, and in 2015, Roy Martin married Agnes Martin. By his will, Roy Martin bequeathed and devised his entire estate to Agnes Martin. When Roy Martin died in 2017, Hiram and Myrna Martin assumed complete control of the farm. State the interest in the farm, if any, of Agnes, Hiram, and Myrna Martin on the death of Roy Martin.
Step by Step Answer:
Business Law And The Regulation Of Business
ISBN: 9781305509559
12th Edition
Authors: Richard A. Mann, Barry S. Roberts