Read the following scenario and answer the question in 5 sentences at least. You
ID: 351413 • Letter: R
Question
Read the following scenario and answer the question in 5 sentences at least.
You worked as an accountant for Sharon, a wealthy woman who was an only child and inherited significant assets from her parents. Sharon has been married and divorced three times. Prior to her first marriage, she had a son with a high school sweetheart whom she never married. She raised that child to adulthood. She had two children with her first husband and formally adopted the child he had with his first wife before she died. She had two children with her second husband, who also had two children with a prior spouse. She did not formally adopt those children, but considered them her own. All of the children are still alive except her first son who died with a wife and three small children. Sharon recently died without debts and without a will. A senior partner for your firm has been named the administrator and has asked you to help sort out who might inherit her fortune under the state’s intestacy laws. Sharon lived in your state which sets per stirpes as the default distribution method. Assume the general rules and articulate who should and should not inherit.
Explanation / Answer
Answer:
The background information for the Sharon case is as below.
The details of Sharon are shown in the table as below.
Sharon – A alone wealthy women - died
Boy Friend
1 – Husband divorced
2- Husband divorced
3-Husband divorced
One Son (adult)
2- children
2- children
No -child
Died son with wife – 3 children
Adopted child from husband
Considered own child from husband
In the above case the asset of Sharon will be distributed as per below rules andlaws of the United States.
Sharon – A alone wealthy women - died
Boy Friend
1 – Husband divorced
2- Husband divorced
3-Husband divorced
One Son (adult)
2- children
2- children
No -child
Died son with wife – 3 children
Adopted child from husband
Considered own child from husband
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