Kenneth S. answered • 07/08/17
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"One member" gets 25%
75% remains but is to be divided equally among 4 others EXCEPT YOU SAY THAT ONE OF THESE 4 PERSONS IS NOT CONSIDERED BECAUSE of other consideration. Therefore the 75% would be divided equally, each of them getting 25% of the original!
Kenneth S.
Your submission includes this sentence: One of the four dividing the remainder is given a item so is removed from
equation.
That sentence is somewhat vague, and it is the reason for the capitalized portion of my original response. It is fairly certain that the governing
WILL does not use this phrasing. If you know the value of what that special person has already received, then that person's receipts can be subtracted from the four equal 18.75% portions.
I am thinking that this problem needs to be resolved by an Accountant, who must be in possession of the exact terms and wording of the LAST WILL & TESTAMENT. And the Probate Court must approve.
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07/08/17
Melissa P.
07/08/17