The Terms of a Will Currently Undergoing Probate Are: "A

question 13

Multiple Choice

The terms of a will currently undergoing probate are: "A gift to my brother David of $25,000 cash; to my son James, $50,000 from my savings account; and to my Daughter Lila, all of my remaining property." At the time of death, the balance in the savings account was $40,000, and there was additional cash (after payment of funeral expenses and all claims against the estate) of $70,000.
How much would Lila have received from the estate?

• A) $0.
• B) $40,000.
• C) $35,000.
• D) $45,000.
• E) $30,000.

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