A. is the distribution method per capita or per stirpes?, Ask an Expert

Accounting

The following diagram shows the interest each descendant would receive in Howard's estate. All descendants are living except as noted.

A. Is the distribution method per capita or per stirpes? See Warpool v. Floyd, 524 S.W.2d 247 (1975), and In reMorton's Estate, 48 N.J. 42, 222 A.2d 185 (1966).

B. describe how the shares of Abel and Barb are determined.

C. Eli, Fred, and Gary do not receive an interest. Why not? describe.

D. describe the calculation of the shares of Kathy and Lee.

E. If Debbie was married, would her surviving husband receive an interest? describe.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M952315

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