Juan Martinez wants to dispose of most of his property holdi…
Juan Martinez wants to dispose of most of his property holdings before he retires from his job as a real estate agent. Toward that end, Juan sold 20 acres of undeveloped land “to Angela so long as it is not developed.” Two weeks later, Bob sold his remaining interest in the undeveloped land “to Bob’s widow and her heirs.” At the time of the conveyance, Angela is 56 years old, Bob is 72 years old, and Bob’s wife Elizabeth is 70 years old. Angela owns:
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