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Which of the following statements is correct about the probate process? A surety bond always has to be posted by an administrator and an executor.
Which of the following statements is correct about the probate process?
A surety bond always has to be posted by an administrator and an executor.
The executor must provide basis information to the IRS.
A grant of letters testamentary is provided to the estate administrator.
If an asset that is bequeathed to a legatee has been disposed of prior to the decedent's death, the extinction of the legacy is called redemption.
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