Answer :
This scenario involves the distribution of Suzanne Benton's estate to her beneficiaries, which is a subject typically addressed under the legal framework of 'Wills and Estates' within the field of law.
A will is a legal document in which a person, known as the testator, expresses their wishes as to how their property is to be distributed at death. Based on the description provided, Suzanne Benton has left specific bequests to Cirsty Cheng and Dennes Davts, and the residue of her estate to Writur N. F.
Specific Bequest: Suzanne Benton leaves 1110 shares of Coca-Cola Company stock to Cirsty Cheng. This is known as a specific bequest because it identifies particular property to be given to a designated beneficiary.
Real Property: She leaves her house to Dennes Davts. In legal terms, 'real property' refers to land and anything attached to it, such as buildings. This is another specific bequest wherein a specific piece of real estate is transferred to a named individual.
Residuary Bequest: All other assets and properties are left to Writur N. F. This is referred to as a residuary bequest, meaning that Writur N. F. will inherit all remaining parts of Suzanne's estate that are not specifically bequeathed to others.
In legal practice, it is important to ensure a will is properly executed and in accordance with statutory requirements, often including the presence of witnesses, to be considered valid. Also, beneficiaries typically have to go through the probate process, where a court oversees the distribution of the estate to ensure it complies with the terms set forth in the will and the applicable laws.
