Gregory, a senior academic at the University of the South Pacific, executed a WILL in 2020 drafted
Question:
Gregory, a senior academic at the University of the South Pacific, executed a WILL in 2020 drafted by his lawyer, John Jerry. The WILL is provided as follows:
1. I leave my Pacific Habour Vila in Deuba, to my son, Rex.
2. My one acre freehold land, at the back of the Pacific Harbour Vila, to go to my second son James for life, but if he sells drugs on the property, it is to go to my daughter Daphnie.
3. I have another property, a three bedroom house at Vuda Point, in Lautoka, that property to go to my other daughter Lessy for life and then to my son Joseph after Lessy, so long as he remains single.
4. I leave the balance of my estate to John Jerry, my lawyer, in trust, to pay income to my sons James and Joseph, for their lives, and upon their deaths, to pay the principal to any children of James and Joseph, who shall reach age 25. Gregory died on the 25th of June 2021 and was survived by his children, Rex, James, Daphnie, Lessy and Joseph. Rex, James, Daphnie, Lessy and Joseph did not have any children at that time.
Discuss their interests in relation to property law. Utilize the principles of remainder and reversion if applicable. No cases are required to be used for this. Just the relevant points, principles, and answers. No statutory laws either please.
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts