Rules of intestacy-no spouse and no children, Financial Accounting

Assignment Help:

The intestate leaves no spouse and no children

The net estate devolves as follows: to his

Father; or if dead
Mother; or if dead
Brothers and sisters, and any child or children of deceased brothers and sisters, in equal shares; or if none
Half—brothers and half—sisters and any child or children of deceased half—brothers and half—sisters, in equal shares; or if none
Relatives who are in the nearest degree of consanguinity up to and including the sixth degree, in equal shares; or if none
The Consolidated Fund of the Government.

Related Discussions:- Rules of intestacy-no spouse and no children

Troubled debt restructuring, Troubled Debt Restructuring - Agreement betwee...

Troubled Debt Restructuring - Agreement between CREDITOR and DEBTOR which amends the terms of a DEBT which has little chance of being paid in accordance with its contractual terms.

Ex interest, what is ex interest accounting,uses,types

what is ex interest accounting,uses,types

Maturity risk premium , The real risk-free rate is 2%. Inflation is expecte...

The real risk-free rate is 2%. Inflation is expected to be 2% this year and 5% during the next 2 years. Suppose that the maturity risk premium is zero. What is the yield on 2-ye

Conversion of members'' to creditors'' winding up-liquidation, Conversion o...

Conversion of members' to creditors' winding up If the liquidator in a members' winding up forms the opinion that the company will not be able to pay its debts in full within t

What is the number of shares, Terry Corporation had 300,000 shares of commo...

Terry Corporation had 300,000 shares of common stock outstanding at December 31, 2010. In addition, it had 90,000 stock options outstanding, which had been granted to certain execu

Prepare the journal entries required to record transactions, Prepare the jo...

Prepare the journal entries required to record the following transactions of a nongovernment, not-for-profit organization. 1. Unrestricted cash contributions received duri

Payments needed?, Payments needed? Zach Taylor is settling a $27,000 loan d...

Payments needed? Zach Taylor is settling a $27,000 loan due today by making 6 equal annual payments of $6018.83. What payments must Zach Taylor make to settle the loan at the inter

Prepare the appropriate entry, LCI Cable Company grants 1.4 million perform...

LCI Cable Company grants 1.4 million performance stock options to key executives at January 1, 2013. The options entitle executives to receive 1.4 million of LCI $1 par common shar

Prepare a journal entry to record the total factory payroll, Time tickets f...

Time tickets for factory employees during the month of August are summarized as follows. Prepare a journal entry to record the total factory payroll, the indirect payroll and the d

Show danger of high financial gearing, Q. Show danger of high financial gea...

Q. Show danger of high financial gearing? A additional danger of high financial gearing is that a company may move into a loss-making position as a result of high interest paym

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages