Final answer:
If Paul dies, his interest in the airplane will be transferred according to his will or according to the laws of intestate succession if he dies without a will.
Step-by-step explanation:
If Paul dies, his interest in the airplane will be transferred according to his will or according to the laws of intestate succession if he dies without a will.
If there is a will, Paul's interest in the airplane will be distributed to the beneficiaries or heirs named in the will. If there is no will, the laws of intestate succession will determine how Paul's interest is distributed. This usually means that the interest will pass to Paul's closest living relatives, such as his spouse, children, parents, or siblings.
It is important for each co-owner of the airplane to have a clear and valid will to ensure that their interest in the aircraft is transferred according to their wishes.