Question

ellen died with the following property: house in joint tenancy with her boyfriend, stocks owned individually,...

ellen died with the following property: house in joint tenancy with her boyfriend, stocks owned individually, a bank account held individually, and her household goods. what schedules must her executor complete?

(a) schedule a,b, and c   (b) schedules a,b,c,e, and f   (c) schedules b,c,e, and f   (d) schedule c,d,and f

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Answer #1

Ans.

B is the correct answer.

Executor should complete Schedule A ,B, C, E and F

Schedule A for real estate i.e house property.

Schedule B for Stocks owned individually.

Schedule C for a Bank account held individually.

Schedule E for Jointly owned house as that house is in Joint tenancy with her boyfriend.

Schedule F is for miscellaneous property i.e her household good.

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