This is not for a class, it’s for my life and what my mother left me! I cannot get an answer from any one. Can you please help me? I would like to know what equation is used to solve it. I have tried everything that I know to try and now I am just confused!!! Thank you.
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A mother dies and leaves her heirs a percentage of her company. She was 100% owner of the company before she died. In her will, she leaves her husband 19% of the company. She leaves each of her 3 children 23% for a total of 69%. She leaves each of her 3 grand children 4% for a total of 12%. The husband elects to take against the will which legally gives him 1/3 of the company instead of the 19% that he was originally given. One third would be 33.33%. The remainder would be 66.67% to be divided between the children and grand children. How much is 23% of the remaining 66.67%? How much is 4% of the remaining 66.67%? In other words, what percentage of the remaining 66.67% would the remaning heirs be entitled to?
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