Homework Help: Legal

Posted by Justie on Thursday, April 17, 2008 at 11:11pm.

Can you help me figure out this problem? I am so confused...

Thank you!

Suppose X, Y, and Z buy a piece of property in C’s name. A trust will result that goes to

a. C
b. X, Y, and Z jointly
c. X, Y, Z, and C jointly
d. Mostly to C, with the remainder going to X, Y, and Z

I believe its "a and goes to "C" but I don't know... I am debating between that one and to "b" X, Y, and Z jointly.

Legal - Ms. Sue, Friday, April 18, 2008 at 10:08am
If the property is in C's name, then C is the sole owner. It looks like a. is correct.

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