Chae Law's Podcast

Episode 4 Cautionary tale of Jack and Jill

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Sinopse

Jack and Jill have children from previous marriages.  Jack and Jill are newlyweds and they purchase a house together taking title under a joint tenancy with the right of survivorship essentially making them co-owners.   Jill has a daughter Samantha from the previous marriage.  Samantha is married to her husband and they live in a tiny apartment.  Jack has children from his previous marriage and they all own houses and are all doing very well financially.   Jack and Jill decide to remake their wills.  The intent was that if Jack and Jill died the house will go to Samantha and the remaining assets would go to Jack's children.   What happened when Jill died first?