1. What is the common planning, or investment, device used to provide funds for surviving family members in the event a wage earner dies prematurely?

pension

payable on death account

life insurance

bond

2. What is another legal term for "trustor"?

trustee

settlor

beneficiary

executor

3. What is the method of holding title to real or personal property by two (2) or more people in which upon one owner's death, the remaining owner(s) will not take the deceased owner's share, but the deceased owner's share will pass by the deceased owner's will or by intestate law?

community property

separate property

joint tenancy with right of survivorship

tenancy in common