Question 1

MATCHING:
-Terminates administration

Accepted Answer

A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate 
A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate J

Question 2

The personal representative is required to give personal notice of informal proceedings to all creditors.

Accepted Answer

A) True 
 B)False  False

Question 3

Which is an acceptable method for giving notice of a hearing on a petition to an interested party?

Accepted Answer

A) Personally delivering a copy of the notice 14 days prior to the hearing 
B) Publishing the notice in the newspaper every other week for a month if the identity of interested parties is unknown 
C) Mailing a copy of the notice at least seven days before the time set for the hearing 
D) Publishing the notice in the newspaper at least once, 14 days prior to the hearing 
A) Personally delivering a copy of the notice 14 days prior to the hearing 
B) Publishing the notice in the newspaper every other week for a month if the identity of interested parties is unknown 
C) Mailing a copy of the notice at least seven days before the time set for the hearing 
D) Publishing the notice in the newspaper at least once, 14 days prior to the hearing A

Question 4

Which is NOT a duty of the personal representative during informal probate?

Accepted Answer

A) Providing a final account 
B) Paying creditors' claims 
C) Holding and managing the estate 
D) Obtaining court approval for every item distributed 
A) Providing a final account 
B) Paying creditors' claims 
C) Holding and managing the estate 
D) Obtaining court approval for every item distributed

Question 5

Which can an informally appointed personal representative choose as a means of closing an estate informally and being discharged?

Accepted Answer

A) A filing of the final account with the court 
B) A closing statement 
C) A formal closing 
D) A notice of final distribution of assets 
A) A filing of the final account with the court 
B) A closing statement 
C) A formal closing 
D) A notice of final distribution of assets

Question 6

MATCHING:
-Administration conducted without notice to interested persons by an officer of the court

Accepted Answer

A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate 
A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate

Question 7

When applying for the informal probate of a will, an applicant must affirm that he/ she is unaware of any instrument that revokes the will.

Accepted Answer

A) True 
 B)False

Question 8

MATCHING:
-A filing with the court by any persons who have an interest in the estate

Accepted Answer

A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate 
A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate

Question 9

MATCHING:
-An applicant who seeks to be appointed personal representative submits a completed application for informal probate and informal appointment

Accepted Answer

A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate 
A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate

Question 10

Within the time set by state statute, the personal representative must prepare an inventory that includes all of the following EXCEPT:

Accepted Answer

A) A valuation of the assets at fair market value 
B) All real and personal property owned by the decedent at the time of death 
C) Administration expenses 
D) Identify any encumbrances on assets 
A) A valuation of the assets at fair market value 
B) All real and personal property owned by the decedent at the time of death 
C) Administration expenses 
D) Identify any encumbrances on assets

Question 11

A person applying for informal appointment does not need to notify any other parties who might have a right to be personal representative.

Accepted Answer

A) True 
 B)False

Question 12

MATCHING:
-Settlement of an estate in which some proceedings may be handled by the probate court but most of the administration takes place informally, out of the court

Accepted Answer

A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate 
A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate

Question 13

MATCHING:
-A claim by a creditor of the estate that was not paid during the distribution of assets

Accepted Answer

A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate 
A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate

Question 14

Who has the highest priority for consideration as personal representative of a decedent's estate?

Accepted Answer

A) Other heirs of the decedent 
B) Non-devisee surviving spouse of the decedent 
C) Devisee of the decedent other than the spouse 
D) Creditor of the decedent 
A) Other heirs of the decedent 
B) Non-devisee surviving spouse of the decedent 
C) Devisee of the decedent other than the spouse 
D) Creditor of the decedent

Question 15

Which of the following would necessitate the reopening of an estate?

Accepted Answer

A) The location of additional omitted property of the decedent after the estate has been closed and discharged 
B) A creditor seeking to collect a valid but undischarged claim 
C) The personal representative committed fraud or inadequate disclosure to a creditor related to the settlement of the decedent's estate 
D) A claim against a decedent's estate that arose before the decedent's death is presented six months after the date of the first publication of notice to creditors 
A) The location of additional omitted property of the decedent after the estate has been closed and discharged 
B) A creditor seeking to collect a valid but undischarged claim 
C) The personal representative committed fraud or inadequate disclosure to a creditor related to the settlement of the decedent's estate 
D) A claim against a decedent's estate that arose before the decedent's death is presented six months after the date of the first publication of notice to creditors

Question 16

A person who has a financial or property interest in an estate must file a demand for notice of any order or filing related to the estate within 120 hours of the passing of the decedent.

Accepted Answer

A) True 
 B)False

Question 17

Informal probate requires the appraisal of estate assets.

Accepted Answer

A) True 
 B)False

Question 18

A person applying for informal probate of a will does not need to notify parties interested in the estate unless they have filed a written demand to be notified.

Accepted Answer

A) True 
 B)False

Question 19

Any party that has an interest of $100 or more in an estate may demand that the personal representative post a bond.

Accepted Answer

A) True 
 B)False

Question 20

MATCHING:
-An officer of the court who is authorized to act in place of a judge in informal probate

Accepted Answer

A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate 
A) in and out method 
B) formal proceedings 
C) informal proceedings 
D) registrar 
E) commencement of informal probate
F)demand to be notified of petitioner's application for informal probate or informal appointment
G)closing statement
H)valid but undischarged claim
I)Statement of Informal Probate
J)court order closing an estate

MATCHING: -Terminates administration

The personal representative is required to give personal notice of informal proceedings to all creditors.

Which is an acceptable method for giving notice of a hearing on a petition to an interested party?

Which is NOT a duty of the personal representative during informal probate?

Which can an informally appointed personal representative choose as a means of closing an estate informally and being discharged?

MATCHING: -Administration conducted without notice to interested persons by an officer of the court

When applying for the informal probate of a will, an applicant must affirm that he/ she is unaware of any instrument that revokes the will.

MATCHING: -A filing with the court by any persons who have an interest in the estate

MATCHING: -An applicant who seeks to be appointed personal representative submits a completed application for informal probate and informal appointment

Within the time set by state statute, the personal representative must prepare an inventory that includes all of the following EXCEPT:

A person applying for informal appointment does not need to notify any other parties who might have a right to be personal representative.

MATCHING: -Settlement of an estate in which some proceedings may be handled by the probate court but most of the administration takes place informally, out of the court

MATCHING: -A claim by a creditor of the estate that was not paid during the distribution of assets

Who has the highest priority for consideration as personal representative of a decedent's estate?

Which of the following would necessitate the reopening of an estate?

A person who has a financial or property interest in an estate must file a demand for notice of any order or filing related to the estate within 120 hours of the passing of the decedent.

Informal probate requires the appraisal of estate assets.

A person applying for informal probate of a will does not need to notify parties interested in the estate unless they have filed a written demand to be notified.

Any party that has an interest of $100 or more in an estate may demand that the personal representative post a bond.

MATCHING: -An officer of the court who is authorized to act in place of a judge in informal probate

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

The Estate Plan and the Purpose and Need for a Will

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

The Participants and the Proper Court

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

Probate and Estate Administration

Tax Considerations in the Administration of Estates

Introduction to Trusts

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

Estate Planning

Long-Term Care

Filters

Exam 10: Informal Probate Administration

MATCHING: -Terminates administration

The personal representative is required to give personal notice of informal proceedings to all creditors.

Which is an acceptable method for giving notice of a hearing on a petition to an interested party?

Which is NOT a duty of the personal representative during informal probate?

Which can an informally appointed personal representative choose as a means of closing an estate informally and being discharged?

MATCHING: -Administration conducted without notice to interested persons by an officer of the court

When applying for the informal probate of a will, an applicant must affirm that he/ she is unaware of any instrument that revokes the will.

MATCHING: -A filing with the court by any persons who have an interest in the estate

MATCHING: -An applicant who seeks to be appointed personal representative submits a completed application for informal probate and informal appointment

Within the time set by state statute, the personal representative must prepare an inventory that includes all of the following EXCEPT:

A person applying for informal appointment does not need to notify any other parties who might have a right to be personal representative.

MATCHING: -Settlement of an estate in which some proceedings may be handled by the probate court but most of the administration takes place informally, out of the court

MATCHING: -A claim by a creditor of the estate that was not paid during the distribution of assets

Who has the highest priority for consideration as personal representative of a decedent's estate?

Which of the following would necessitate the reopening of an estate?

A person who has a financial or property interest in an estate must file a demand for notice of any order or filing related to the estate within 120 hours of the passing of the decedent.

Informal probate requires the appraisal of estate assets.

A person applying for informal probate of a will does not need to notify parties interested in the estate unless they have filed a written demand to be notified.

Any party that has an interest of $100 or more in an estate may demand that the personal representative post a bond.

MATCHING: -An officer of the court who is authorized to act in place of a judge in informal probate

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

The Estate Plan and the Purpose and Need for a Will

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

The Participants and the Proper Court

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

Probate and Estate Administration

Tax Considerations in the Administration of Estates

Introduction to Trusts

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

Estate Planning

Long-Term Care

Filters