Exam 1: Where There Is a Will

The legal name for the process of an heir's becoming beneficially entitled to the property of one who dies without a will is

When a gift is made in a will to a relative who dies before the person who made the will, the deceased relative's children may be able to take their parent's share of the estate.

Some states require wills to be signed at the end; others do not.

A person who inherits under a will is known as

A child who is intentionally omitted from a parent's will may be able to inherit from the parent's estate.

Wills are ambulatory, which means they

A trust is an arrangement by which one person holds legal title to money or property for the benefit of another.

Next of kin are

The laws of intestate succession always carry out the wishes of the decedent.

When someone dies without a will, his property passes

Without a will, a personal representative will not be chosen or appointed by the deceased.

Laypeople should be encouraged as often as possible to write their own wills.

The right to leave property by will is an inherent right, not a privilege permitted by law.

A testamentary trust is a trust within the body of a will.

The law makes no distinction between the guardianship of a minor's person and the guardianship of a minor's property.

Public administrators are

In all states, witnesses must sign in each other's presence.

Law firms are not allowed to use cloud storage systems for clients' electronic files because third parties host the systems and have access to the files.

A woman who makes a will is called

Estate planners consider a will to be a necessity even when a living trust is used as part of the estate plan.