Multiple Choice
If a person dies without a will, what happens to his/her property?
A) The property passes in accordance to the intestate statute of the decedent's state of domicile
B) The property escheats to the state where the decedent was domiciled
C) The property passes according to the wishes of the decedent's spouse or next of kin
D) The property passes to the decedent's children or next of kin
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The main difference between an estate tax
Q3: One of the most important principles in
Q4: When a person dies, someone, usually a
Q5: Assets in a trust are transferred outside
Q6: Under the federal Tax Cuts and Jobs
Q8: Describe the difference between an estate tax
Q9: A _ is a legal document in
Q10: The probate process is supposed to protect
Q11: A person attempting to determine the law
Q12: What property interests may not be subject