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

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

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

Defunct companies-liquidation of companies, Defunct Companies A company...

Defunct Companies A company may be dissolved under s.338 without winding up if the registrar has reasonable cause to believe it is defunct: The procedure is: a. Registrar writ

Treatment of cash flow - gaap & fasb, The appropriate treatment of Cash flo...

The appropriate treatment of Cash flow in respect of the following items as per US GAAP & FASB - (230-10)  1. Receipt of Insurance settlement proceeds of $2 mill. From an intern

Presentation and hearing-the petition, Presentation and hearing The pet...

Presentation and hearing The petition is presented to the court and must be served on the debtor at least eight days before the hearing. If the debtor wishes to oppose it he mu

Executorship, EXECUTORSHIP Executorship is the body of statute law, cas...

EXECUTORSHIP Executorship is the body of statute law, case law and practice concerning the management of the estate of a deceased person. In what follows, we shall express the

Use spreadsheet to determine allocation, The Red and Blue partnership has b...

The Red and Blue partnership has been created to operate a law firm. The partners have been attempting to devise a fair system to allocate profits and losses. Red plans to work mor

Which of the following statements is true, Richard Company had 102,000 shar...

Richard Company had 102,000 shares of $5 par value common stock issued and outstanding before repurchasing 10,200 shares for $76,500. Richard had received $2,040,000 cash from shar

Generally accepted accounting principles (gaap), Generally Accepted Account...

Generally Accepted Accounting Principles (GAAP) are guidelines for companies to follow as tehy prepare and issue financial statements. Let's start by getting an understanding of wh

Sales, what is recorded sales on account of 3,280

what is recorded sales on account of 3,280

Limited liability partnership, Limited Liability Partnership (LLP) - GENERA...

Limited Liability Partnership (LLP) - GENERAL PARTNERSHIP which, via registration with an appropriate state authority, is able to enshroud all its partners in limited liability. Ru

Help, #The ABC Organization Unadjusted Trial Balance As of 31 December 2012...

#The ABC Organization Unadjusted Trial Balance As of 31 December 2012 Account Codes Dr Cr Cash 10,789 Furniture and fixtures 60,000 Supplies inventory 8,531 Pledged contributions r

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd