Assume that John Brown died intestate leaving a wife and three children. He and Mrs. Brown have accumulated community property during their marriage. Both spouses also inherited property during marriage. It is necessary to classify the assets for distribution purposes. John Brown, age 55, is married to Jane Brown, age 50. They have three children, John Brown, Jr., age 30; Susan Brown, age 27; and William Brown, age 25. John and Jane owned the following property acquired during marriage: A. home - 69 Maple Street, Kilgore, Texas B. 25 shares of Mobil oil stock C. checking account no. 450 D. savings account no. 451 E. 1990 Buick Park Avenue F. household furnishings and personal effects G. John inherited 5.00 acres of land in Bexar County from his father. H. John inherited the sum of $10,000 from his father and it has been kept in a separate account at First County Bank of Laird Hill, Acct. No. 333 I. Jane inherited $20,000 in cash that she keeps at First Carlisle Savings J. Jane inherited 10.00 acres of land in Harrison County from her mother. John Brown dies intestate in January of of this year. 

How is his estate divided according to the Texas laws of intestate succession? How each of the items above will be distributed

Answer rating: 100% (QA)

In Texas when someone dies intestate the laws of intestate succession determine how the estate is di... View the full answer