Juancho died leaving a hologram will. In the last will, he identified his wife, all his 3 legitimate children, his brother, and father as his heirs to get certain portions of his distributable estate as follows: Wife 3 children (to divide equally) Brother Father Total 50% 30% 10% 10% 100% In the Philippines, a void last will and testament shall result to intestate succession. The total distributable estate of Juancho amounts to P24,000,000. How much should be the inheritance of the wife?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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P12,000,000 P8,000,000 P6,000,000
Juancho died leaving a hologram will. In the last will, he identified his wife, all his
3 legitimate children, his brother, and father as his heirs to get certain portions of
his distributable estate as follows:
Wife
3 children (to divide equally)
50%
30%
Brother
10%
Father
10%
Total
100%
In the Philippines, a void last will and testament shall result to intestate succession.
The total distributable estate of Juancho amounts to P24,000,000. How much
should be the inheritance of the wife?
Transcribed Image Text:Juancho died leaving a hologram will. In the last will, he identified his wife, all his 3 legitimate children, his brother, and father as his heirs to get certain portions of his distributable estate as follows: Wife 3 children (to divide equally) 50% 30% Brother 10% Father 10% Total 100% In the Philippines, a void last will and testament shall result to intestate succession. The total distributable estate of Juancho amounts to P24,000,000. How much should be the inheritance of the wife?
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