Multiple Choice
MATCHING:
-The monetary amount an item would bring if it were sold on the open market
A) spendthrift
B) life estate
C) disinheritance
D) dividend
E) fair market value
F) homestead
G) receivables
H) life insurance
I) contract for deed
J) primary beneficiary
Correct Answer:
Verified
Correct Answer:
Verified
Q20: MATCHING:<br>-A legally binding agreement by which one
Q21: MATCHING:<br>-A testator's act of specifically depriving someone
Q22: Recommending periodic reviews of the will whenever
Q23: When drafting a will, simple language should
Q24: When drafting a will, the paralegal should:<br>A)Make
Q25: The paralegal should familiarize the client with
Q26: In order to efficiently assist the attorney,
Q28: MATCHING:<br>-The share of profits or property to
Q29: MATCHING:<br>-Debts established in the course of business
Q30: A spouse can be legally disinherited, but