2006-07-03 01:35:36 · 6 answers · asked by raymond c 1 in Business & Finance ➔ Personal Finance
this is what i recived in will the man was a very wealth man and my kin should i get a laywer
2006-07-03 01:42:08 · update #1
think you all so very much for your answered you been a big help
2006-07-03 01:46:48 · update #2
this is the way the laywer of the estate wrote it ,and my uncel only had a 3rd grade education.
2006-07-03 01:50:51 · update #3
Ideally, money amounts are both written out in numbers and spelled out in words. If it was only written in digits as you have specified, it would be $5,000.00 (Five Thousand Dollars and No Cents.)
There is obviously a clerical error here. Determining whether it was the use of a decimal point in lieu of a comma, or an extra zero at the end is the problem. That determination is likely going to be up to the courts to say.
If it had been written as "$5,000.000.00" then there would be a good case to be made that the intent had been Five Million Dollars and No Cents and that it should have been a comma after the first set of zeros. However, as there is no second decimal point the court will likely say that the intent was Five Thousand Dollars and No Cents and that the extra zero on the end was the clerical error.
2006-07-03 01:55:42 · answer #1 · answered by Bostonian In MO 7 · 2⤊ 0⤋
It would be Five thousand and zero one-thousandths dollars, or Five thousand dollars. It is highly unusual to write US Dollars figures in anything other than hundredths (cents), but it is done.
Gasoline is sold in thousandths of cents. If you look at the price of gas, it might be $2.799 (which is two dollars and seven hundred ninety-nine thousandths), so it's not unheard of.
2006-07-03 01:41:01 · answer #2 · answered by Scotty Doesnt Know 7 · 0⤊ 0⤋
Five thousand dollars and no cents. It looks legal enough to me, but run it by an estate lawyer to be sure.
2006-07-03 01:40:17 · answer #3 · answered by rosecitylady 5 · 0⤊ 0⤋
It is five thousand dollars.
Yes writting it that way should be fine.
I'd be worried if it were 5,000.001. Coming up with that one one thousanth of a dollar would be kind of tough.
2006-07-03 01:41:29 · answer #4 · answered by John 6 · 0⤊ 0⤋
is it five million dollars ($5,000.000) or five thousand dollars ($5,000.00). either way it should be written words first followed by numbers
2006-07-03 01:45:19 · answer #5 · answered by Gina R 1 · 0⤊ 0⤋
Is it $5,000,000 (five million dollars) or $5,000. (five thousand dollars)?
In either case, use both.
"To my worthless son Gerald, I bequeath the sum of $5,000 (five thousand dollars)."
2006-07-03 01:40:33 · answer #6 · answered by Anonymous · 0⤊ 0⤋