Giovanni opens an account for $250,000 at Home Federal Bank.The account pro-vides that its funds,which represent most of Giovanni's assets,are held in trust for Harriet,the nurse who cares for Giovanni during the last years of his life.Less than a year later,Giovanni dies,and Harriet withdraws the funds.These facts indicate

Question

Giovanni opens an account for $250,000 at Home Federal Bank.The account pro-vides that its funds,which represent most of Giovanni's assets,are held in trust for Harriet,the nurse who cares for Giovanni during the last years of his life.Less than a year later,Giovanni dies,and Harriet withdraws the funds.These facts indicate​

Quizplus · Accepted Answer

The fact that the funds in the account were held in trust for Harriet, the nurse who cared for Giovanni, raises a suspicion of undue influence. It is possible that Harriet exerted pressure on Giovanni to make her the beneficiary of the account, which would make the transfer of funds invalid due to undue influence. Therefore, D is the best choice. A will substitute, a holographic will, and per stirpes distribution are not applicable in this scenario.

Giovanni Opens an Account for $250,000 at Home Federal Bank