What type of property transfer occurs with a will?

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The correct answer, referring to estate distribution, reflects the process by which property is transferred to heirs or beneficiaries according to the terms of a will after an individual's death. When someone creates a will, they outline their wishes for how their assets and property should be distributed upon their passing. This legal document serves as a guide for the probate court in managing the decedent's estate, ensuring that the distribution aligns with the deceased's explicit intentions.

In the context of estate distribution, this process includes the identification of assets, payment of debts and taxes, and finally the distribution of remaining property to beneficiaries as specified in the will. This form of transfer is distinct from other types mentioned in the options.

Intrafamily transactions, gift transactions, and commercial sales involve transfers that typically occur while the donor or seller is alive and often lack the formalities that a will entails. Intrafamily transactions may involve informal exchanges of property between family members but do not require the legal structure and formalities of a will. Gift transactions also denote a voluntary transfer of property without consideration, but usually occur during an individual's lifetime. Commercial sales involve transactions for business purposes, often governed by different legal frameworks, and do not pertain to how property is distributed posthumously. Thus, estate

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