Question: 2. Three years ago, Margot executed a will that contained the following clause: 'I hereby leave my cottage by the sea to my dear friend,
2. Three years ago, Margot executed a will that contained the following clause: 'I hereby leave my cottage by the sea to my dear friend, Karen, trusting that she will use it as agreed.' Shortly before the will was executed, Karen orally agreed that she would sell the cottage, pay half the proceeds to Daniel, and keep the remainder for himself. Margot and Daniel had been lovers many years earlier. Last year, Margot began a romantic relationship with Lou. A few months ago, she told Karen about the new relationship and said: 'Never mind about Daniel. Give half the cottage money to Lou instead.' Karen agreed. Margot died recently, her estate was administered, and Karen received title to the cottage (a fee simple estate). Karen now seeks your advice. How should the proceeds of sale be distributed? with caselaw
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
