| Jim Murrary and Phyllis Lowe recieved a total of $250,0000 from a deceased relatives estate?

Jim Murrary and Phyllis Lowe recieved a total of $250,0000 from a deceased relatives estate?

Chelsey m asked:


They decided to put away $50,000 dollars in a trust fund for their child and divide the remainder into 3/4 for Phyllis and 1/4 for Jim. How much will Phyllis and Jim recieve?
sorry they recieved $250,000

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3 Responses to “Jim Murrary and Phyllis Lowe recieved a total of $250,0000 from a deceased relatives estate?”

  1. smci on April 6th, 2009 3:18 pm

    $250,0000 - $50,0000 to the trust fund leaves
    $200,0000 to be divided 3:1
    P gets $150,0000
    J gets $50,0000

  2. Troy on April 9th, 2009 8:02 pm

    $250,000-50,000=200,000

    you were asking for how much they recieved as a whole not EACH. so they recieved $200,000.

  3. sassy chick on April 12th, 2009 1:51 pm

    Phyllis received $150,000 and Jim got $50,000 - both amounts BEFORE taxes, of course!!