Answer Happy

David, a recent widow, is considering transferring ownership in
his house to his three children in joint tenancy. These
children are also equal beneficiaries of his estate under his
will. Which statements are true:
i The house would be potentially subject to the kids'
creditors
ii Upon his death the children must pay taxes
iii The house would transfer under his will to them equally
iv Upon his death the house would be subject to probate fees
a.
iii only
b.
i, ii, and iv
c.
i only
d.
ii, iii and iv