The will of Josh O’Brien has the following stipulations:Antique collection goes to Ilsa Lunn.All money in the First Savings Bank goes to Richard Blaine.Cash of $9,000 goes to Nelson Tucker.All remaining assets are put into a trust fund with the income going to Lucy Van Jones. At her death, the principal is to be conveyed to Howard Amadeus.Identify the following:a. Remaindermanb. Trustorc. Demonstrative legacyd. General legacye. Specific legacyf. Life tenantg. Testator
The will of Josh O’Brien has the following stipulations:Antique collection goes to Ilsa Lunn.All money in the First Savings Bank goes to Richard Blaine.Cash of $9,000 goes to Nelson Tucker.All remaining assets are put into a trust fund with the income going to Lucy Van Jones. At her death, the principal is to be conveyed to Howard Amadeus.Identify the following:a. Remaindermanb. Trustorc. Demonstrative legacyd. General legacye. Specific legacyf. Life tenantg. Testator
Chapter6: Structure Of A Model Will
Section: Chapter Questions
Problem 4SYPS
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The will of Josh O’Brien has the following stipulations:
Antique collection goes to Ilsa Lunn.
All money in the First Savings Bank goes to Richard Blaine.
Cash of $9,000 goes to Nelson Tucker.
All remaining assets are put into a trust fund with the income going to Lucy Van Jones. At her death, the principal is to be conveyed to Howard Amadeus.
Identify the following:
a. Remainderman
b. Trustor
c. Demonstrative legacy
d. General legacy
e. Specific legacy
f. Life tenant
g. Testator
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