The provisions of a will currently undergoing probate are:  “One thousand shares of Wal-mart stock to my son; $10,000 in cash from my savings account to my brother; $5,000 in cash to my daughter; and any remaining property divided equally between my son and daughter.” At the time of death, the estate included 1,000 shares of Walmart stock and $6,000 cash in the savings account.  What would the brother have received from the settlement of the estate? Multiple Choice   0   $5,000   $6,000   $10,000   $11,000

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A: The working and the answer is given below

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Reasons for Estate Planning

Planning is a process that helps decide in advance about future activities and operations. Planning helps to draft the procedures by identifying, analyzing, and designing how to work, when to work, by whom should be done, and what has to be done. It is the primary step followed by a person, business organizations, institutions, companies, etc.