Question 1

Creditors can contest a will,but they cannot challenge the appointment of a personal representative.

Accepted Answer

A) True 
 B)False  False

Question 2

Beneficiaries or heirs and creditors of the decedent

Accepted Answer

A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal 
A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal A

Question 3

A filing with the court that a person seeking appointment as personal representative uses when there is no will

Accepted Answer

A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal 
A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal E

Question 4

A court order that fixes a date,time,and place for hearing the petition to prove a will or for administration; the petitioner is required to give notice of the hearing to all interested persons

Accepted Answer

A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal 
A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal

Question 5

An identification of the fiduciary responsible for preparing the fiduciary income tax return and for paying any tax due

Accepted Answer

A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal 
A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal

Question 6

A complete physical check of all probate assets owned by the decedent and a detailed listing of these and their estimated fair market value at the time of the decedent's death

Accepted Answer

A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal 
A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal

Question 7

Prior to a hearing,a paralegal might be asked to assemble data on nonprobate property.

Accepted Answer

A) True 
 B)False

Question 8

Which will NOT be issued by the court during the special administration process?

Accepted Answer

A) Inventory and Appraisal of the personal property of the decedent 
B) Order Approving the Final Account and Report of the Special Administrator 
C) Letters of Special Administration 
D) Order Granting Special Administration 
A) Inventory and Appraisal of the personal property of the decedent 
B) Order Approving the Final Account and Report of the Special Administrator 
C) Letters of Special Administration 
D) Order Granting Special Administration

Question 9

Checks from the estate checking account do all of the following EXCEPT:

Accepted Answer

A) Act as a credit account until estate funds are released 
B) Establish a record of all payments and distributions 
C) Serve as evidence and verification of payment of taxes 
D) Act as creditors' admissions of payment 
A) Act as a credit account until estate funds are released 
B) Establish a record of all payments and distributions 
C) Serve as evidence and verification of payment of taxes 
D) Act as creditors' admissions of payment

Question 10

Which procedure occurs during the final account and closing of the estate phase?

Accepted Answer

A) The computation and filing of a state inheritance tax return or waiver 
B) The hearing on creditors' claims and payment of allowed or approved claims 
C) The opening of the safe deposit box 
D) Notice to creditors 
A) The computation and filing of a state inheritance tax return or waiver 
B) The hearing on creditors' claims and payment of allowed or approved claims 
C) The opening of the safe deposit box 
D) Notice to creditors

Question 11

To establish jurisdiction,the petition to prove a will must generally include:

Accepted Answer

A) The original will 
B) The estimated value of the real and personal nonprobate assets 
C) The amount of debts paid prior to the death of the decedent 
D) The decedent's place of birth 
A) The original will 
B) The estimated value of the real and personal nonprobate assets 
C) The amount of debts paid prior to the death of the decedent 
D) The decedent's place of birth

Question 12

When settling a small estate,Collection by Affidavit is generally allowed in all of the following situations EXCEPT:

Accepted Answer

A) When two days have passed since the death of the decedent 
B) When the value of the entire estate does not exceed the state's maximum limit 
C) When the claiming beneficiary is legally entitled to inherit the decedent's estate 
D) When no application or petition for the appointment of a personal representative is pending or has been granted 
A) When two days have passed since the death of the decedent 
B) When the value of the entire estate does not exceed the state's maximum limit 
C) When the claiming beneficiary is legally entitled to inherit the decedent's estate 
D) When no application or petition for the appointment of a personal representative is pending or has been granted

Question 13

If a decedent leaves real property in another state,the paralegal will need to check the foreign state's statutes to determine the qualifications and residency requirements of the ancillary administrator.

Accepted Answer

A) True 
 B)False

Question 14

Summary Administration is allowed for certain small estates.

Accepted Answer

A) True 
 B)False

Question 15

Estate administration may NOT be needed if:

Accepted Answer

A) An estate is classified as a small estate 
B) The decedent has individually owned property in the possession of a third party 
C) There are outstanding creditors' claims 
D) There is property in registered form 
A) An estate is classified as a small estate 
B) The decedent has individually owned property in the possession of a third party 
C) There are outstanding creditors' claims 
D) There is property in registered form

Question 16

Probate and estate administration are the only methods of settling an estate.

Accepted Answer

A) True 
 B)False

Question 17

A form of administration that is generally limited to small estates that have survivors,which include a spouse and minor children,and insufficient assets to pay all creditors

Accepted Answer

A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal 
A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal

Question 18

A form of estate administration used in a few states that is essentially free of court supervision or intervention

Accepted Answer

A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal 
A)  interested parties 
B)  independent administration 
C)  "qualified small estate" 
D)  summary administration 
E)  petition for administration
F) citation
G) federal employer identification number
H) inventory
I) cause of action
J) appraisal

Question 19

All states are required to adopt the Uniform Probate Code UPC).

Accepted Answer

A) True 
 B)False

Question 20

Under the Uniform Probate Code UPC),formal probate is conducted under the supervision of a judge without notice to interested persons.

Accepted Answer

A) True 
 B)False

Creditors can contest a will,but they cannot challenge the appointment of a personal representative.

Beneficiaries or heirs and creditors of the decedent

A filing with the court that a person seeking appointment as personal representative uses when there is no will

A court order that fixes a date,time,and place for hearing the petition to prove a will or for administration; the petitioner is required to give notice of the hearing to all interested persons

An identification of the fiduciary responsible for preparing the fiduciary income tax return and for paying any tax due

A complete physical check of all probate assets owned by the decedent and a detailed listing of these and their estimated fair market value at the time of the decedent's death

Prior to a hearing,a paralegal might be asked to assemble data on nonprobate property.

Which will NOT be issued by the court during the special administration process?

Checks from the estate checking account do all of the following EXCEPT:

Which procedure occurs during the final account and closing of the estate phase?

To establish jurisdiction,the petition to prove a will must generally include:

When settling a small estate,Collection by Affidavit is generally allowed in all of the following situations EXCEPT:

If a decedent leaves real property in another state,the paralegal will need to check the foreign state's statutes to determine the qualifications and residency requirements of the ancillary administrator.

Summary Administration is allowed for certain small estates.

Estate administration may NOT be needed if:

Probate and estate administration are the only methods of settling an estate.

A form of administration that is generally limited to small estates that have survivors,which include a spouse and minor children,and insufficient assets to pay all creditors

A form of estate administration used in a few states that is essentially free of court supervision or intervention

All states are required to adopt the Uniform Probate Code UPC).

Under the Uniform Probate Code UPC),formal probate is conducted under the supervision of a judge without notice to interested persons.

The Estate Plan and the Purpose and Need for a Will

The Concept of Property Related to Wills,trusts,and Estate Administration

The Participants and the Proper Court

The Law of Succession: Death Testate or Intestate

Wills Validity Requirements, modification, revocation, and Contests

Preparation to Draft a Will Checklists and the Conference With the Client

Final Draft and Execution of a Valid Will

Introduction to Trusts

Classification of Trusts, the Living Trust, and Other Special Trusts

Estate Planning

Long-Term Care

Personal Representatives: Types, pre-Probate Duties, and Appointment

Informal Probate Administration

Tax Considerations in the Administration of Estates

Ethical Principles Relevant to Practicing Paralegals and Legal Assistants

Filters

Exam 13: Probate and Estate Administration

Creditors can contest a will,but they cannot challenge the appointment of a personal representative.

Beneficiaries or heirs and creditors of the decedent

A filing with the court that a person seeking appointment as personal representative uses when there is no will

A court order that fixes a date,time,and place for hearing the petition to prove a will or for administration; the petitioner is required to give notice of the hearing to all interested persons

An identification of the fiduciary responsible for preparing the fiduciary income tax return and for paying any tax due

A complete physical check of all probate assets owned by the decedent and a detailed listing of these and their estimated fair market value at the time of the decedent's death

Prior to a hearing,a paralegal might be asked to assemble data on nonprobate property.

Which will NOT be issued by the court during the special administration process?

Checks from the estate checking account do all of the following EXCEPT:

Which procedure occurs during the final account and closing of the estate phase?

To establish jurisdiction,the petition to prove a will must generally include:

When settling a small estate,Collection by Affidavit is generally allowed in all of the following situations EXCEPT:

If a decedent leaves real property in another state,the paralegal will need to check the foreign state's statutes to determine the qualifications and residency requirements of the ancillary administrator.

Summary Administration is allowed for certain small estates.

Estate administration may NOT be needed if:

Probate and estate administration are the only methods of settling an estate.

A form of administration that is generally limited to small estates that have survivors,which include a spouse and minor children,and insufficient assets to pay all creditors

A form of estate administration used in a few states that is essentially free of court supervision or intervention

All states are required to adopt the Uniform Probate Code UPC).

Under the Uniform Probate Code UPC),formal probate is conducted under the supervision of a judge without notice to interested persons.

The Estate Plan and the Purpose and Need for a Will

The Concept of Property Related to Wills,trusts,and Estate Administration

The Participants and the Proper Court

The Law of Succession: Death Testate or Intestate

Wills Validity Requirements, modification, revocation, and Contests

Preparation to Draft a Will Checklists and the Conference With the Client

Final Draft and Execution of a Valid Will

Introduction to Trusts

Classification of Trusts, the Living Trust, and Other Special Trusts

Estate Planning

Long-Term Care

Personal Representatives: Types, pre-Probate Duties, and Appointment

Informal Probate Administration

Tax Considerations in the Administration of Estates

Ethical Principles Relevant to Practicing Paralegals and Legal Assistants

Filters