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Sample Intestacy Problems
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James and Taylor have been married for one year and eight months when
James dies very suddenly in an accident. The couple never created
wills and all of the property James owned prior to their marriage is still
titled in just his name. This was the first marriage for each of
them and neither had any children prior to this marriage.
James' intestate estate has a total value of $3,000,000 of which $250,000
is real estate and $100,000 derived from an oil lease that James entered
prior to marriage. (Hint: The total estate value is always $3,000,000)
For
each of the following scenarios, the state listed is that of James'
permanent residence at the time of his death, as well as the location of
all his intestate property.
Begin by reading the intestate laws and independently determining each
heir's share of every type of property. When you have the
distribution, view the brief answer to compare with your result and then
open that state's Intestacy CalculatorTM
to see how quickly this information is calculated. (To simplify
these examples, the nearest living relations are listed and do not need to
be independently determined.)
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James is survived by Taylor and
two children: |
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California:
Read the law |
View the answer |
Open the Intestacy CalculatorTM |
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Taylor and each child receive $1,000,000. |
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Missouri:
Read the law |
View the answer |
Open the Intestacy CalculatorTM |
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Taylor receives $1,510,000 and each child receives
$745,000. |
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Vermont:
Read the law | View the answer |
Open the Intestacy CalculatorTM |
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Taylor and each child receives $83,333.33 of the real
estate and $916,666.67 of the remainder. |
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Arkansas:
Read the law | View the answer |
Open the Intestacy CalculatorTM |
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Taylor receives $33,333.33 of the income derived from
the oil lease, a life-estate in $83,333.33 of the real estate, and
$883,333.33 of the remainder. Each child receives $33,333.33
of the income derived from the oil lease, $83,333.33 of the real
estate, and $883,333.33 of the remainder. |
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James is survived by Taylor and two
grandchildren by one deceased child: |
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California:
Read the law | View the answer |
Open the Intestacy CalculatorTM |
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Taylor receives $1,500,000 and each grandchild
receives $750,000. |
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Missouri:
Read the law | View the answer |
Open the Intestacy CalculatorTM |
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Taylor receives $1,510,000 and each grandchild
receives $745,000. |
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Vermont:
Read the law | View the answer |
Open the Intestacy CalculatorTM |
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Taylor and each child receives $83,333.33 of the real
estate and $916,666.67 of the remainder. |
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Arkansas:
Read the law | View the answer |
Open the Intestacy CalculatorTM |
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Taylor receives $125,000 of the real estate and
$1,375,000 of the remainder. Each grandchild receives $62,500 of the
real estate and $687,500 of the remainder. |
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James is survived by Taylor, two
paternal grandparents, and three first cousins by two deceased
maternal aunts: |
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California:
Read the law | View the answer |
Open the Intestacy CalculatorTM |
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Taylor receives the entire $3,000,000. |
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Missouri:
Read the law | View the answer |
Open the Intestacy CalculatorTM |
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Taylor receives the entire $3,000,000. |
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Vermont:
Read the law | View the answer |
Open the Intestacy CalculatorTM |
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Taylor receives $1,512,500 and each grandparent
receives $743,750. The first cousins do not receive a share. |
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Arkansas:
Read the law | View the answer |
Open the Intestacy CalculatorTM |
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Taylor receives $125,000 of the real estate and
$1,375,000 of the remainder. Each grandparent receives $31,250
of the real estate and $343,750 of the remainder. Each first
cousin receives $229,166.67 of the real estate and $20,833.33 of the remainder. |
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