A man left an estate for his widow and three children, Ampadu, Achayo and Afrifa to be shared according to the provision in his will. Afrifa, the youngest son gets one-third and the one-third of the remaining goes to Achayo. Ampedu received half of the remainder. Half of what still remains goes to the widow. If the widow received $103,500.00 as her share of the value of the estate, calculate the amount received by each child.
A man left an estate for his widow and three children, Ampadu, Achayo and Afrifa to be shared according to the provision in his will. Afrifa, the youngest son gets one-third and the one-third of the remaining goes to Achayo. Ampedu received half of the remainder. Half of what still remains goes to the widow. If the widow received $103,500.00 as her share of the value of the estate, calculate the amount received by each child.
Chapter27: The Federal Gift And Estate Taxes
Section: Chapter Questions
Problem 26CE
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A man left an estate for his widow and three children, Ampadu, Achayo and Afrifa to be shared according to the provision in his will. Afrifa, the youngest son gets one-third and the one-third of the remaining goes to Achayo. Ampedu received half of the remainder. Half of what still remains goes to the widow. If the widow received $103,500.00 as her share of the value of the estate, calculate the amount received by each child.
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT