Bill and Deidre were married for 22 years. They died in a car accident without leaving behind a will. They had no surviving children, but they were close to many of their living relatives. According to the Uniform Simultaneous Death Act, how would the couple's properties be distributed following their death?
A) It would be made into a charitable fund by a court-appointed trustee.
B) It would escheat to the government.
C) It would be distributed to their respective relatives.
D) It would be sold by the government, and the proceedings from the sale would then go to their relatives.
Correct Answer:
Verified
Q39: A probate can only be conducted by
Q40: Nuncupative wills are legally binding oral wills
Q41: The receiver of property under intestacy statutes
Q42: An equitable trust that is implied by
Q43: According to the doctrine of ademption, the
Q45: The _ is an act in the
Q46: According to the Uniform Simultaneous Death Act,
Q47: Mr. Cartledge places his estate in a
Q48: What is intestate succession?
Q49: What is a trust corpus?
A) property and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents