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"Family Dispute." When Trudy and Mark married, they both had children from previous marriages. After their marriage, Trudy and Mark purchased a home together as tenants by the entirety and lived there for many years. Mark died when he was 93 and Trudy was 95. Mark's will left any property he owned to his son, Alex, who promptly told Trudy that she needed to get out of the house. Trudy told him to forget it. Trudy died a week later. Her will left everything she owned to her daughter, Samantha, who moved in the home and refuses to leave. Mandy, who had loaned Mark $10,000, has filed a claim against any heir of Mark or Trudy, including Alex and Samantha, claiming an interest in the home to satisfy the debt Mark owed her.

Which of the following would be the most likely result regarding Alex's claim to ownership of the house upon Mark's death?

a. Alex would not receive the house upon Mark's death because full ownership immediately passed to Trudy.

b. Alex would get the house as Mark's child regardless of whether Mark left it to him in the will.

c. Regardless of the form of ownership held by Trudy and Mark, Alex would get the house because Mark left all his property to Alex in his will.

d. Alex would get ownership of the house, but he would have a duty to allow Trudy to live there the remainder of her life.

e. Because of the form of ownership held by Trudy and Mark, the will could have conveyed the house to Alex only if the house was specifically mentioned; therefore, since the will simply referenced property, Alex would not get the house.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91777008

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