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QUESTION 72 If a Will specifies that a bequest is to be made to the testator's grandchildren children in equal shares, per stirpes, grandchildren will:
QUESTION 72 If a Will specifies that a bequest is to be made to the testator's grandchildren children in "equal shares, per stirpes", grandchildren will: all receive equal shares of the estate share the amount that their deceased parent would have received receive more if their parent had more children than the parents sibling had get nothing None of the above QUESTION 73 A spendthrift trust: Requires fixed periodic distributions to the beneficiary Is designed to protect trust property by prohibiting the beneficiary's transfer of his rights in the trust is one which must be invested in fixed income securities All of the above h None of the above QUESTION 71 Which of the following events will NOT discharge a party to a contract based on impossibility of performance? The performance called for in the contract becomes illegal. The party who is to perform under a personal services contract dies or becomes incapacitated. The subject matter of the contract is destroyed. A steep and unanticipated increase in the cost of performance
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