Question
TRUE OR FALSE 1.A will is inoperative until a decedents death. 2.A primary requirement of a typical will is that the document be signed at
TRUE OR FALSE
1.A will is inoperative until a decedents death.
2.A primary requirement of a typical will is that the document be signed at the end.
3.A decedent must have testamentary capacity at the time of death for the decedents will to be upheld as valid.
4.Per stirpes distribution provides for all beneficiaries under a will to take as individuals by their own right.
5.A will should contain clear, positive directions concerning a testators intentions.
6.If property subject to a specific bequest under a will is no longer owned by the decedent at the time of death, the legatee of the bequest must be paid in cash.
7.A holographic will is oral and made in the presence of witnesses.
8.A codicil is a modification of a will.
9.A will cannot be revoked during the testators lifetime except by court order.
10.In most states, it is impossible for a decedent to totally disinherit a non-consenting surviving spouse.
11.A testamentary trust is a trust created under a will that becomes effective and irrevocable at the death of the testator.
12.A major advantage of a testamentary trust is that it avoids probate.
13.Pour-over trusts have legal effect only when they are written after a will is created.
14.A will may be set aside only if the testator was not of sound mind at its creation.
15.Under a typical postnuptial agreement, each spouse gives up all rights to the other spouses estate.
16.A typical intestate-succession scheme allows a widow to receive all the decedents property whether or not there are minor children.
17.If a person dies intestate and has no living relatives, the decedents property escheats to the state.
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