Tina executed a valid will that devised my sailboat to Amy, the sum of $200,000 to be
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Question:
Tina executed a valid will that devised "my sailboat to Amy, the sum of $200,000 to be paid from the sale of my Google stock to Ben, and the residue of my estate to Clive." Tina subsequently sold her sailboat and her Google stock, and eventually died. Which of the following is a correct statement of what Amy and Ben will receive from Tina's estate in most jurisdictions?
Amy will receive nothing, and Ben will receive $200,000.
Amy and Ben will receive nothing.
Amy will receive the value of the sailboat, and Ben will receive nothing.
Amy will receive the value of the sailboat, and Ben will receive $200,000.
Related Book For
Advanced Accounting
ISBN: 978-0134472140
13th edition
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
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