In Re Loakes' Estate

The facts in this case have been stipulated. On July 23, 1908, the decedent, Donald J. Loakes, was adopted by John and Mary Loakes. No question is raised as to the validity of the adoption proceeding. The adopting parents owned certain real estate in Ingham county as tenants by the entireties. Following the death of the husband, Mrs. Loakes, being the sole owner by right of survivor-ship, deeded, the property to a third person who immediately reconveyed to Mrs. Loakes and the adopted son in joint tenancy, with right of survivor-ship. Subsequently, on the death of Mrs. Loakes, decedent became…