Considerations for Bargain Promises

Situation 1

Sam was getting along in years and wanted to provide for his grandson Dave’s future. Over dinner one evening, Sam asked Dave what he would like Sam to leave him after Sam died. Dave replied that he was very fond of Sam’s 1957 Thunderbird. “Very well,” said Sam, “I will change my will to leave you the Thunderbird.” “Thanks, Grandpa,” Dave replied. “I’ll make you proud.”

Question 1

True or False: Sam and David formed a contract obligating Sam to amend his will to leave the Tbird to Dave. Answer True or False and provide legal support for your conclusion


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