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Estate Planning - Spouses with survivorship clause - could a named beneficiary “double up” on simultaneous death scenario?


Who is Liable for the Satisfaction of the Mortgage Debt Pursuant to Deed of Gift when Grantor Dies - Estate of Grantor or Beneficiary?Who is responsible for the property expenses with a life estate which is owned by tenants in common, when not all of the owners live on the property?













0















Lets say there is a married couple and they both have identical wills; with a survivorship clause along the lines of:



  • I direct that the reside of my estate shall be paid, transferred and delivered to my spouse (xxx) for his/her own use... provided s/he survives me for a period of (30) thirty days.

  • In the event my spouse (xxx) predeceases me or does not survive me for a period of (30) thirty days, then: give $10 to the church and split the remainder in equal shares to my children.

Questions:



  • if both spouses have the same children and die at the same time, does the church get $10K or $20K ?

  • if the church gets $20k; how would you change the will so the church get $10K total regardless who dies first and the time between the deaths.

Links to source would be greatly appreciated. Thanks.









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    0















    Lets say there is a married couple and they both have identical wills; with a survivorship clause along the lines of:



    • I direct that the reside of my estate shall be paid, transferred and delivered to my spouse (xxx) for his/her own use... provided s/he survives me for a period of (30) thirty days.

    • In the event my spouse (xxx) predeceases me or does not survive me for a period of (30) thirty days, then: give $10 to the church and split the remainder in equal shares to my children.

    Questions:



    • if both spouses have the same children and die at the same time, does the church get $10K or $20K ?

    • if the church gets $20k; how would you change the will so the church get $10K total regardless who dies first and the time between the deaths.

    Links to source would be greatly appreciated. Thanks.









    share







    New contributor




    slaman is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
    Check out our Code of Conduct.






















      0












      0








      0








      Lets say there is a married couple and they both have identical wills; with a survivorship clause along the lines of:



      • I direct that the reside of my estate shall be paid, transferred and delivered to my spouse (xxx) for his/her own use... provided s/he survives me for a period of (30) thirty days.

      • In the event my spouse (xxx) predeceases me or does not survive me for a period of (30) thirty days, then: give $10 to the church and split the remainder in equal shares to my children.

      Questions:



      • if both spouses have the same children and die at the same time, does the church get $10K or $20K ?

      • if the church gets $20k; how would you change the will so the church get $10K total regardless who dies first and the time between the deaths.

      Links to source would be greatly appreciated. Thanks.









      share







      New contributor




      slaman is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
      Check out our Code of Conduct.












      Lets say there is a married couple and they both have identical wills; with a survivorship clause along the lines of:



      • I direct that the reside of my estate shall be paid, transferred and delivered to my spouse (xxx) for his/her own use... provided s/he survives me for a period of (30) thirty days.

      • In the event my spouse (xxx) predeceases me or does not survive me for a period of (30) thirty days, then: give $10 to the church and split the remainder in equal shares to my children.

      Questions:



      • if both spouses have the same children and die at the same time, does the church get $10K or $20K ?

      • if the church gets $20k; how would you change the will so the church get $10K total regardless who dies first and the time between the deaths.

      Links to source would be greatly appreciated. Thanks.







      wills estate-planning





      share







      New contributor




      slaman is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
      Check out our Code of Conduct.










      share







      New contributor




      slaman is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
      Check out our Code of Conduct.








      share



      share






      New contributor




      slaman is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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      asked 9 mins ago









      slamanslaman

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      11




      New contributor




      slaman is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
      Check out our Code of Conduct.





      New contributor





      slaman is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
      Check out our Code of Conduct.






      slaman is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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