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summer-2008-facts

Page history last edited by david@... 11 years, 11 months ago

 

Fact Pattern for Summer Session A - 2008 - Section # 0128

 

John was single.  His previous marriage to Maria ended by an order of marital dissolution entered on January 6, 2008 in the Los Angeles County Superior Court Case Number 1234.  John resided at 15500 Main Street, Encino California 91436.  He had two adult children, Sally and Brad.   His valid will was executed on January 1, 2007.  John gave 50% of all of his assets to be divided equally among his two children.  The will gave 25% of his assets to Maria.  The remaining 25% percent of the assets was to be divided equally between John's good friends Joe and Jim.  The residue clause in the will gave all remaining assets to the City of Hope.  The will named Jill as executor and waived bond.  John died on May 1, 2008.  John is survived by Maria, Sally, Brad, Joe, Jim and Jill.

 

At the time of John's death his assets were as follows: 

 

1.         House at 15500 Main St., Encino California with a date of death value of $2,000,000

2.         500 Shares IBM Common Stock, Cusip Number 123456 with a date of death value of $200,000.

3.         50 Shares Microsoft Common Stock Cusip Number 567890 with a date of death value of $30,000.

4.         Bank of America Checking Account with a date of death value of $24,000.

5.         Certificate of Deposit at Citibank with a date of death value of $50,000.

6.         2002 Honda Civic 4 door Vehicle Identification Number 135792468, with a date of death value of $10,000.

7.         $50,000 IRA with Maria as the designated beneficiary. 

 

At the time of John's death his creditors were as follows: 

 

1.         Providence Saint Joe's Hospital in the amount of $25,000.

2.         Chase Visa in the amount of $15,000

3.         Shell Citibank in the amount of $1,000  

 

Addresses:

John -  15500Main Street, Encino California 91436.

Sally - 12345 Wilshire Blvd., Beverly Hills, CA 90210

Brad - 7890 Hilgard Ave., Los Angeles, CA 90024

Maria - 8900 Warner Avenue Tarzana, CA 91356

Joe -     12345 First Street, Sherman Oaks, CA 91423

Jim -    12333 Ventura Blvd., Studio City, CA 91604

Jill -     3456 Eagle Ave., Seattle, WA 78723

City of Hope - 12345 Wilshire Blvd., Los Angeles, CA 90036

Providence St. Joe's Hopsital - 6789 Buena Vista Ave., Burbank,CA 91501

Chase Visa - P.O. Box 4567, The Lakes, NV 89911

Shell Citibank - P.O. Box 5673, Lake Las Vegas, NV 89923

 

updated: 6/16/08

Prof. Elise Lampert

 

 

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