Exam 27: Principal Clauses in a Will
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Exam 27: Principal Clauses in a Will76 Questions
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Define dispositive clauses. Identify and discuss a monetary gift that is per stirpes and a monetary gift that is per capita.
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(Essay)
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Correct Answer:
Definition: Dispositive clauses are clauses in a will that state exactly what each beneficiary is to receive.
A gift made in a will to one's issue then living per stirpes (by right of representation) means that the children of any deceased heirs inherit their deceased parent's share.
A gift made to one's issue then living per capita (per head) means that heads are counted and all living issue share the amount of the gift equally.
Match the terms with their descriptions:
-Dispositive clauses
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(Multiple Choice)
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Correct Answer:
D
What term describes an individual who legally has the responsibility over the care of the person?
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(Multiple Choice)
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Correct Answer:
B
Match the terms with their descriptions:
-Self-proving affidavit
(Multiple Choice)
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A will usually contains a clause stating that the executor can serve without giving surety on his or her bond.
(True/False)
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The attestation clause states that the will was witnessed at the request of the testator.
(True/False)
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What must be included in the introductory paragraph of the will?
(Multiple Choice)
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In states adopted the Uniform Probate Code, under what circumstance a no-contest clause is unenforceable?
(Multiple Choice)
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All states require that the document referenced in the will be in the testator's handwriting.
(True/False)
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A will does not need a tax clause to provide the executor with the authority to pay any owed taxes.
(True/False)
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What term describes the introductory paragraph of the will?
(Multiple Choice)
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People often name someone in their will to serve as guardian of their minor children.
(True/False)
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A person in a position of trust who has a duty to act in the best interest of others is called a(n) ________.
(Short Answer)
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The clause immediately preceding the testator's ________ is called the signature clause.
(Short Answer)
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The will's introductory paragraph never mentions the annulment of any previous wills.
(True/False)
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