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Dr. Joy wants to leave each of her 6 grandchildren $25,000 at her death. All of...

  1. Dr. Joy wants to leave each of her 6 grandchildren $25,000 at her death. All of her grandchildren are under 16 years old. What are Dr. Joy’s options for leaving these bequests to her grandchildren under his Will?

Solutions

Expert Solution

Sol: Pecuniary Bequest

  Pecuniary bequest is one which Dr. Joy can opt for leaving these bequests to her grandchildren under his will.This is because pecuniar bequests are defined as the granting of sum of money from a trust or estate.  


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