Deck 7: Family Protection, Lapses, and Ademption
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Deck 7: Family Protection, Lapses, and Ademption
1
A person who is divorced from a decedent is entitled to a certain share of the decedent's estate.
False
2
Dower was available under English law only if issue of the marriage were born alive.
False
3
A typical anti-lapse statute provides that if a gift is made to a relative of the testator who dies before the testator and leaves issue surviving the testator, the issue will receive the gift.
True
4
The period of time covered by the family allowance coincides with the period that estate assets are frozen for the protection of creditors.
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5
If a pretermitted child can prove that the omission was unintentional, the omitted child may be able to inherit an intestate share of the parent's estate.
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6
There is a time limit, ranging from one to two years, within which a surviving spouse may renounce a deceased spouse's will.
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7
An important protection for families who own their own residences is the
A) head-of-household exemption.
B) exempt-property exclusion.
C) forced-share provision.
D) homestead exemption.
A) head-of-household exemption.
B) exempt-property exclusion.
C) forced-share provision.
D) homestead exemption.
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8
Under the laws of some states, certain property of a decedent passes to the surviving spouse or children, is not subject to the claims of creditors, and is called
A) exempt property.
B) the spouse's elective share.
C) dower.
D) curtesy.
A) exempt property.
B) the spouse's elective share.
C) dower.
D) curtesy.
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9
In states that have adopted the UPC, the subsequent marriage of a testator revokes a will.
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10
The homestead exemption is designed to place the family residence within the reach of creditors.
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11
A spouse who is living in adultery at the time of a spouse's death is prevented, in some states, from taking any part of the spouse's estate.
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12
Parents may not disinherit their children.
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13
The holders of the estate of a woman who dies shortly after her husband may choose to take against the husband's will if it is in the estate's best interest.
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14
The rights of creditors have preference over dower and curtesy rights.
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15
An elective share is often referred to as a forced share.
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16
To provide for the immediate support of the family when a breadwinner dies, probate courts have authority to grant
A) a family allowance.
B) a widow's allowance.
C) both a family allowance and a widow's allowance.
D) None of the answers is correct.
A) a family allowance.
B) a widow's allowance.
C) both a family allowance and a widow's allowance.
D) None of the answers is correct.
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17
Creditors cannot bring claims against the estate with no regard to the needs of survivors.
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18
The amount of the immediate support to survivors is discretionary with the court depending on
A) the size of the estate.
B) the debts of the estate.
C) the needs of the surviving spouse and children.
D) All of the answers are correct.
A) the size of the estate.
B) the debts of the estate.
C) the needs of the surviving spouse and children.
D) All of the answers are correct.
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19
Ademption is also known as satisfaction.
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20
Under English law, the right of a widow to a one-third life estate in all real property owned by the husband during the marriage was called
A) a spouse's elective share.
B) curtesy.
C) dower.
D) exempt property.
A) a spouse's elective share.
B) curtesy.
C) dower.
D) exempt property.
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21
The period of time covered by the family allowance coincides with the period during which estate assets are frozen for the protection of creditors, which is usually not more than how long?
A) 90 days
B) 1 year
C) 3 years
D) 60 days
A) 90 days
B) 1 year
C) 3 years
D) 60 days
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22
When a legatee or devisee dies before the testator, a gift to that person in the testator's will is
A) a lapsed legacy or devise.
B) adeemed by extinction.
C) adeemed by satisfaction.
D) exempt property.
A) a lapsed legacy or devise.
B) adeemed by extinction.
C) adeemed by satisfaction.
D) exempt property.
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23
Instead of inheriting under the terms of the will, surviving spouses may waive the will and take their
A) exempt property.
B) elective share.
C) right of dower.
D) right of curtesy.
A) exempt property.
B) elective share.
C) right of dower.
D) right of curtesy.
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24
A child who is omitted from a parent's will is called a(n)
A) lapsed issue.
B) pretermitted child.
C) adeemed child.
D) extinct heir.
A) lapsed issue.
B) pretermitted child.
C) adeemed child.
D) extinct heir.
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25
When a gift is given by a testator while alive to a legatee or devisee with the intent that the gift is made in lieu of the legacy or devise, it is
A) a lapsed legacy or devise.
B) adeemed by extinction.
C) adeemed by satisfaction.
D) exempt property.
A) a lapsed legacy or devise.
B) adeemed by extinction.
C) adeemed by satisfaction.
D) exempt property.
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26
The share a surviving spouse may choose to take in the estate of a deceased spouse is known as the
A) dower.
B) curtesy.
C) homestead exemption.
D) forced share.
A) dower.
B) curtesy.
C) homestead exemption.
D) forced share.
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27
A buyer's financing of part of a purchase by giving a mortgage on the property to the seller as security for the loan is known as
A) an elective share.
B) a homestead exemption.
C) a purchase money mortgage.
D) exempt property.
A) an elective share.
B) a homestead exemption.
C) a purchase money mortgage.
D) exempt property.
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28
When an item of property adeems, the legatee or devisee of that property
A) receives a replacement property item.
B) receives nothing in its place.
C) receives money from the estate.
D) None of the answers is correct.
A) receives a replacement property item.
B) receives nothing in its place.
C) receives money from the estate.
D) None of the answers is correct.
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29
If property that specifically is bequeathed or devised in a will is not owned by the testator at death, the gift is
A) a lapsed legacy or devise.
B) adeemed by extinction.
C) adeemed by satisfaction.
D) exempt property.
A) a lapsed legacy or devise.
B) adeemed by extinction.
C) adeemed by satisfaction.
D) exempt property.
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30
Types of protection to surviving family members when an income provider or spouse dies include
A) a family allowance and/or homestead protection.
B) a spouse's elective share.
C) exemption from creditor's claims.
D) All of the answers are correct.
A) a family allowance and/or homestead protection.
B) a spouse's elective share.
C) exemption from creditor's claims.
D) All of the answers are correct.
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