Which is the correct calculation? "$160 is inherited by two siblings A and B..."
Hi, I have a small predicament in arriving at the correct way to calculate the following and arrive at the right share between each of two siblings:
$160 is inherited by two siblings A and B, it is to be divided evenly between the two siblings after taking into account the following:
Before the deceased died, the deceased owed Sibling A $25 and it is right and proper that Sibling A receive this amount - in addition to its share of the inheritance. But how much should each sibling receive?
$160/2 = $80 + $25 = $105 for Sibling A and the remaining $55 for Sibling B?
Or,
$160-$25 = $135 divided by two = $67.5 for each sibling. Giving Sibling A $92.5 (i.e. $67.5 + $25 = $92.5) and Sibling B $67.5
I'm sure it must be straightforward but it leaves me in a bit of a quandary. Any help would be much appreciated.
Thank you
Hi, I have a small predicament in arriving at the correct way to calculate the following and arrive at the right share between each of two siblings:
$160 is inherited by two siblings A and B, it is to be divided evenly between the two siblings after taking into account the following:
Before the deceased died, the deceased owed Sibling A $25 and it is right and proper that Sibling A receive this amount - in addition to its share of the inheritance. But how much should each sibling receive?
$160/2 = $80 + $25 = $105 for Sibling A and the remaining $55 for Sibling B?
Or,
$160-$25 = $135 divided by two = $67.5 for each sibling. Giving Sibling A $92.5 (i.e. $67.5 + $25 = $92.5) and Sibling B $67.5
I'm sure it must be straightforward but it leaves me in a bit of a quandary. Any help would be much appreciated.
Thank you