Question: Estate planning Bob's Will makes a few specific bequests to Donald and Nancy and then passes the remainder of his property to a revocable living

Estate planning

Bob's Will makes a few specific bequests to Donald and Nancy and then passes the remainder of his property to a revocable living trust. Which of the following statements is most correct?

A. This is invalid because the trust becomes irrevocable at the moment of Bob's death and cannot accept any new property.

B. This is ok; it is an example of a pour-over Will.

C. If Donald and Nancy predecease Bob then Bob is intestate as to those specific bequests.

D. None of the above statements is correct.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!