Deck 6: Structure of a Model Will
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Deck 6: Structure of a Model Will
1
In all states, a gift in a will of an identifiable parcel of real property is called a
A) specific legacy.
B) general legacy.
C) specific devise.
D) demonstrative devise.
A) specific legacy.
B) general legacy.
C) specific devise.
D) demonstrative devise.
C
2
An advantage of a specific legacy is that it is not subject to ademption.
False
3
In naming the testator in a will, it is important to include all names that the testator uses in the ownership of all types of property, including real property, personal property, securities, and bank accounts.
True
4
The opening paragraph of a will is called the
A) attestation clause.
B) exordium clause.
C) testimonium clause.
D) self-proof clause.
A) attestation clause.
B) exordium clause.
C) testimonium clause.
D) self-proof clause.
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5
A person can have several domiciles but only one residence at any particular time.
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6
The exordium clause is the final clause of a will.
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7
A document that is not yet in existence may be incorporated by reference in a will.
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8
When naming the testator in a will, it is important to include all names that the testator uses in the ownership of property.
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9
In states that have not adopted the Uniform Probate Code (UPC), a gift in a will of an identifiable item such as a car is called a
A) specific legacy.
B) general legacy.
C) specific devise.
D) demonstrative devise.
A) specific legacy.
B) general legacy.
C) specific devise.
D) demonstrative devise.
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10
It is recommended that attorneys draft a client's will without discussing the client's wishes.
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11
The courts in some states do not treat as binding the testator's wishes regarding funeral and burial arrangements.
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12
An administrator is a person who is named in a will to serve as the personal representative of the estate.
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13
There are two types of guardians: a guardian of the person and a guardian of the property.
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14
Since the executor is not required by law to pay the debts of the decedent, it is necessary to put a clause in the will instructing the executor to do so.
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15
To change a domicile, one must
A) abandon the first domicile.
B) intend not to return to the first domicile.
C) be physically present in the new place with the intent to make it one's permanent home.
D) All of the answers are correct.
A) abandon the first domicile.
B) intend not to return to the first domicile.
C) be physically present in the new place with the intent to make it one's permanent home.
D) All of the answers are correct.
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16
The dispositive provisions of a will are the provisions that dispose of the testator's property.
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17
It is always advisable to include funeral and burial arrangements or cremation instructions in a will.
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18
In states that have adopted the UPC, a gift in a will of an identifiable item such as a car is called a
A) specific legacy.
B) general legacy.
C) specific devise.
D) demonstrative devise.
A) specific legacy.
B) general legacy.
C) specific devise.
D) demonstrative devise.
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19
One's domicile is the place to which one intends to return whenever one is absent.
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20
An advantage of a specific legacy is that it is used for the payment of debts only after money from the general assets of the estate has been depleted.
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21
A gift of money in a will is known as
A) a demonstrative devise.
B) a specific bequest.
C) a pecuniary bequest.
D) All of the answers are correct.
A) a demonstrative devise.
B) a specific bequest.
C) a pecuniary bequest.
D) All of the answers are correct.
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22
A person or company that insures or guarantees that another person's debt will be paid by becoming liable for the debt when it is made is known as a(n)
A) executor.
B) surety.
C) guardian.
D) personal representative.
A) executor.
B) surety.
C) guardian.
D) personal representative.
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23
How many domiciles may an individual have?
A) One
B) Two
C) Three
D) Unlimited
A) One
B) Two
C) Three
D) Unlimited
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24
A common type of specific legacy is a
A) gift of money from the general assets of the estate.
B) pecuniary bequest.
C) gift of all of the testator's property that is not disposed of in other clauses of the will.
D) gift of all of one's tangible personal property.
A) gift of money from the general assets of the estate.
B) pecuniary bequest.
C) gift of all of the testator's property that is not disposed of in other clauses of the will.
D) gift of all of one's tangible personal property.
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25
A provision eliminating a will contestant from being a beneficiary under the will is called
A) a no-contest clause.
B) an in terrorem clause.
C) neither a no-contest clause nor an in terrorem clause.
D) both a no-contest clause and an in terrorem clause.
A) a no-contest clause.
B) an in terrorem clause.
C) neither a no-contest clause nor an in terrorem clause.
D) both a no-contest clause and an in terrorem clause.
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26
If the testator does not own an item at the time of death, the person named to receive it receives nothing. This is known as
A) a dispositive provision.
B) ademption.
C) incorporation by reference.
D) a specific legacy.
A) a dispositive provision.
B) ademption.
C) incorporation by reference.
D) a specific legacy.
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27
The clause in a will that follows the testator's signature and precedes the witness's signature is the
A) attestation clause.
B) exordium clause.
C) testimonium clause.
D) self-proof clause.
A) attestation clause.
B) exordium clause.
C) testimonium clause.
D) self-proof clause.
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28
The clause in the will that comes immediately before the testator's signature is the
A) attestation clause.
B) exordium clause.
C) testimonium clause.
D) self-proof clause.
A) attestation clause.
B) exordium clause.
C) testimonium clause.
D) self-proof clause.
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29
A provision eliminating a will contestant from being a beneficiary under the will is called a(n)
A) self-proof clause.
B) signature clause.
C) publishing clause.
D) in terrorem clause.
A) self-proof clause.
B) signature clause.
C) publishing clause.
D) in terrorem clause.
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30
A clause in a will that disposes of all items not specifically given away (the "leftovers") is known as the
A) residuary clause.
B) attestation clause.
C) exordium clause.
D) testimonium clause.
A) residuary clause.
B) attestation clause.
C) exordium clause.
D) testimonium clause.
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