After Trace's death, who owns the property originally owned by Lucas, Ivan, Chad, and Trace?

In this scenario, the correct answer indicates that Lucas and Tom have ownership of the property after Trace's death. This suggests that the property was likely held in a manner that allows for a redistribution of ownership among the surviving individuals following Trace's passing.

When a property is owned by multiple parties, as seems to be the case with Lucas, Ivan, Chad, and Trace, the specific type of ownership arrangement (such as joint tenants or tenants in common) can significantly affect what happens to the property when one owner dies. If Lucas and Tom are designated as the new owners, it implies that they have a legal right to inherit or receive the property after Trace's death, potentially due to a will or the laws of intestate succession, which dictate how property is divided when someone dies without a will.

Thus, seeing Lucas and Tom as the new owners reflects either a prior agreement regarding the property distribution or an inheritance through legal means, making this the accurate answer to who now holds ownership of the property in question.