How should joe and mary proceed


Problem

If Joe and Mary own Blackacre Farm. Together they have two natural sons, Peter and Paul, and one adopted daughter named Veronica. All three children are grown into adulthood and Peter has moved away while Paul and Veronica still live on the farm - Veronica with her husband, John.

Joe and Mary want all three of their children to have the farm in equal shares (1/3% each) when they pass on. However, if Veronica dies before Joe and Mary, they don't want John to get her share.

Based upon our learning of the five methods of transferring or acquiring ownership of real property, how should Joe & Mary proceed? Is there anything you could recommend that they do to make sure all three children get Blackacre in equal shares? Will that method also prevent John from getting Veronica's share if she dies first?

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Business Law and Ethics: How should joe and mary proceed
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