M04 Quiz

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Hillsborough Community College *

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MISC

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History

Date

Feb 20, 2024

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docx

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8

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M04: Indiana Code Succession Quiz Due  Feb 11 at 11:59pm   Points  20   Questions  20   Time Limit  None Attempt History Attempt Time Score LATEST Attempt 1 12 minutes 15 out of 20 * *  Some questions not yet graded Score for this quiz: 15 out of 20 * Submitted Feb 7 at 6:58am This attempt took 12 minutes. Question 1 1 / 1 pts Bob and Jan are married. Bob passed away. Bob and Janet have three children. How much of a share does Janet receive? No answer text provided.
3/4 1/4 Correct! 1/2 None Question 2 1 / 1 pts Bob and Jan are married. Bob passes away. Bob and Jan do not have any children. However, Bob's mother is still alive. How much of a share does Janet receive? Correct! 3/4 All 1/2 None Question 3 1 / 1 pts Bob and Jan are married. Bob passes away. Bob and Janet do not have any children and Bob's parents are deceased. How much of a share does Janet receive? 1/2
3/4 None Correct! All Question 4 1 / 1 pts Bob and Jan are married. Bob passes away. Janet is Bob's second wife. Bob's first wife passed away. However, Bob has two children from his first marriage. Janet would receive 1/2 of the estate. True Correct! False Janet receives 25% of the remainder of: 1. the fair market value of the property at the time of death MINUS 2. the value of any liens or encumbrances of the real property Question 5 Not yet graded / 1 pts Bob and Jan are married. Bob passes away. Bob and Janet have three children. After Janet receives her share, who receives the next share? Your Answer: Their three children will share equally the remainder of the estate. Bob's and Janet's children or their grandchildren if any of Bob or Janet's children are deceased. Question 6 Not yet graded / 1 pts
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