Which of the following is not a testamentary substitute? a. Inheritance of proceeds of a life insurance

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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 answer-question

Advanced Accounting

ISBN: 978-0077431808

10th edition

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

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Posted Date: Nov 10, 2022 12:48 AM

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Which of the following is not a testamentary substitute? a. Inheritance of proceeds of a life insurance

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