Multiple Choice
Which of the following statements concerning intestacy is not true?
A) When a person dies without a valid will, the laws of intestacy determine the way that the decedent's property is distributed,
B) Intestacy laws may vary from state to state,
C) If a person dies intestate, the person appointed to administer the estate by executing the laws of intestacy is called the executor,
D) A person writing a will does not have to give property in the manner prescribed by the laws of intestacy.
Correct Answer:
Verified
Correct Answer:
Verified
Q18: A life insurance trust generally is established
Q19: Match the descriptions with their terms:<br>-A/An _
Q20: Which of the following statements is true
Q21: Match the descriptions with their terms:<br>-The _
Q22: In order for a trust to become
Q24: The most important factor in assessing the
Q25: Match the descriptions with their terms:<br>-The _
Q26: Match the descriptions with their terms:<br>-A/An _
Q27: Testamentary trusts are often effective during the
Q28: If a person dies without a valid