QUESTION 1

Any property acquired during a marriage by either spouse is always considered marital property.

1. True
2. False

QUESTION 2

Child support payments can end before a child is 18 years old if they are declared emancipated by the court.

1. True
2. False

QUESTION 3

A separation agreement is not valid unless it is approved by the court.

1. True
2. False

QUESTION 4

1. In New York State if an engagement is broken off by the man, then the women does not have to give the engagement ring back to him.
2. True
3. False

QUESTION 5

In New York State in addition to the basic child support payment, a parent can be required to contribute toward their child's college expenses.

1. True
2. False

QUESTION 6

In custody proceedings the court will determine both the issue of legal custody and physical custody.

1. True
2. False

QUESTION 7

In equitable distribution states all property acquired during the marriage regardless of title will be divided equally between the spouses.

1. True
2. False

QUESTION 8

Alimony(maintenance) is the support payment paid to women only in divorce actions.

1. True
2. False

QUESTION 9

New York was the last state in the country to adopt a no-fault divorce law.

1. True
2. False

QUESTION 10

One who has died with a valid will has died intestate.

1. True
2. False

QUESTION 11

A testator is the person authorized by the state to administer estates.

1. True
2. False

QUESTION 12

The representative appointed by the court to handle estate matters when you die without a will is an Administrator.

1. True
2. False

QUESTION 13

A will does not need to be in writing to be probated.

1. True
2. False

QUESTION 14

Permission of the court is required to cancel a will once it is executed.

1. True
2. False

QUESTION 15

The act of the testator of destrroying the will is ineffective without subsequent court approval.

1. True
2. False

QUESTION 16

A testator must leave his children something in their will to be valid.

1. True
2. False

QUESTION 17

A codicil is an amendment to a will.

1. True
2. False

QUESTION 18

The residuary clause of a will designates specific assets to the legatees.

1. True
2. False

QUESTION 19

Inter vivos trusts are alway revocable by the grantor.

1. True
2. False

QUESTION 20

A testamentary trust is established as part of a provision in a will directing property be held for the benefit of a beneficiary.

1. True
2. False

QUESTION 21

Under the laws of intestacy, a child born out of wedlock will never receive any of his father's estate.

1. True
2. False

QUESTION 22

A child adopted by the decedent who dies intestate is entitled to a share of the estate in New York.

1. True
2. False

QUESTION 23

A trust is an instrument created by the grantor that aids in avoiding probate.

1. True
2. False

QUESTION 24

A specific bequest in a will can be rendered ineffective if the specific property referenced is no longer owned by the decedent.

1. True
2. False

QUESTION 25

The death benefit payment of a Life Insurance Policy with a stated beneficiary is not part of the probate estate and will pass directly to that beneficiary from the insurance company.

1. True
2. False