The terms of a will currently undergoing probate are: "A gift to my brother Chris of $40,000 cash; to my son Eric, $75,000 from my Redstone Savings Bank account; and to my daughter Lauryn, all of my remaining property." At the time of death, the balance in the savings account was $60,000, and there was additional cash (after payment of funeral expenses and all claims against the estate) of $95,000.The decedent resided in a state that does not treat a demonstrative legacy shortfall as a general legacy. How much would Lauryn have received from the estate?

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Lauryn receives the remaining property after specific gifts. Chris receives $40,000, and Eric's specific gift of $75,000 from the savings account is short by $15,000 (since only $60,000 is available). In states that do not treat a demonstrative legacy shortfall as a general legacy, Eric does not receive the shortfall from the remaining cash. Thus, Lauryn receives the remaining cash of $95,000 minus Chris's $40,000, totaling $55,000.

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