The provisions of a will currently undergoing probate are: One thousand shares of Wal-Mart Stores stock...
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The provisions of a will currently undergoing probate are: "One thousand shares of Wal-Mart Stores stock to my son; $10,000 in cash from my Astoria Savings Bank account to my brother; $5,000 in cash to my daughter, and any remaining property divided equally between my son and daughter." Assuming at the time of death the estate included 1,000 shares of Wal-Mart Stores stock and $6,000 cash in the savings account, what would the brother have recelved from the settlement of the estate? Multiple Choice $0. $5,000. $6,000. $10,000. $11,000. The provisions of a will currently undergoing probate are: "One thousand shares of Wal-Mart Stores stock to my son; $10,000 in cash from my Astoria Savings Bank account to my brother; $5,000 in cash to my daughter, and any remaining property divided equally between my son and daughter." Assuming at the time of death the estate included 1,000 shares of Wal-Mart Stores stock and $6,000 cash in the savings account, what would the brother have recelved from the settlement of the estate? Multiple Choice $0. $5,000. $6,000. $10,000. $11,000.
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Related Book For
Personal Financial Planning
ISBN: 978-1111971632
13th edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
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