Accounting In January 2020, Mrs. Cristiflor Buduhan, a widow and a Filipino citizen, executed a last will and testament regarding some of her assets as follows: I nheritance FMV at time of death Heirs_____________ Real property P4,000,000 Christopher (her son) Jewelries 1,000,000 Cristeta (her daughter) Car 200,000 Crisistomo (driver) In November 1, 2020, Mrs. Buduhan, died. Not included in her last will and testament was her 40% interest in EGV partnership amounting to P5,000,000 at the time of her death. Her undistributed income from partnership was P3,000,000 as of November 1, 2020. Actual expenses incurred during the interment are funeral, P200,000, and judicial, P100,000. Also there is an unpaid mortgage on the real property amounting to P300,000. How much estate will be given to Christopher? How much estate will be given to Cristeta? How much estate will be given to Crisostomo?
Accounting In January 2020, Mrs. Cristiflor Buduhan, a widow and a Filipino citizen, executed a last will and testament regarding some of her assets as follows: I
nheritance FMV at time of death Heirs_____________
Real property P4,000,000
Christopher (her son) Jewelries 1,000,000
Cristeta (her daughter) Car 200,000
Crisistomo (driver) In November 1, 2020, Mrs. Buduhan, died. Not included in her last will and testament was her 40% interest in EGV
Also there is an unpaid mortgage on the real property amounting to P300,000. How much estate will be given to Christopher?
How much estate will be given to Cristeta? How much estate will be given to Crisostomo?
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