How much will each heir inherit?
George, a 98 year-old widower, has two children, Alice and Bob. Alice has one child, Carrie. Bob has five children: Dave, Ed, Frank, Gail, and Hank. George’s will leaves everything he owns to his children if they survive him, if not, then per stirpes (right of representation) to the descendants of his children. George’s distributable net estate is estimated to be $100,000 (after taxes, creditors, and expenses have been paid). Take the quiz below to see how much you know about what shares the grandchildren will inherit under different fact situations.
