Which of the following is not a testamentary substitute? a. Inheritance of proceeds of a life insurance
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Question:
Which of the following is not a “testamentary substitute”?
a. Inheritance of proceeds of a life insurance policy by a beneficiary named in the policy
b. Survivorship to a deceased joint tenant’s ownership interest in the related property by another joint tenant
c. Survivorship in fee simple by a former remainderman to property at the termination of a related life estate
d. Inheritance received under a deceased person’s last will and testament
Related Book For
Advanced Accounting
ISBN: 978-0077431808
10th edition
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
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