Peter and Paula are married with no children from their marriage. Peter has two daughters and Paula has a son and a daug

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Peter And Paula Are Married With No Children From Their Marriage Peter Has Two Daughters And Paula Has A Son And A Daug 1 (37.3 KiB) Viewed 81 times

Peter and Paula are married with no children from their marriage. Peter has two daughters and Paula has a son and a daughter from their previous marriages. They have bought a house with two separate entrances by pooling their individual resources and are holding it jointly with rights of survivorship (TWROS). Peter and Paula have clearly documented that in the event of either of them passing away, they want to bequeath their respective share of the house equally to each of their children from their previous marriages. If Peter dies today, which of the following will happen? Oa) OD) 09 His interest in the property terminates, leaving Paula with full legal and beneficial ownership Peter's children will get possession and ownership rights only after Paula's death, Paula will have legal ownership and Peter's children will have beneficial ownership of his share of the house Peter's children will become the legal owners of his share of the house. Ody