Multiple Choice
INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-Your [gross | probate] estate consists of your real and personal property that will be transferred at death.
A) for the first item
B) for the second item
C) if neither item will correctly complete the statement.
Correct Answer:
Verified
Correct Answer:
Verified
Q24: Disability is a common reason for estates
Q35: If you die without a will,you are
Q72: Joint ownership of assets is an effective
Q73: Spouses who are U.S.citizens are treated the
Q78: The gross estate includes all the property
Q79: The gift tax law allows a person
Q81: INSTRUCTIONS: Choose the word or phrase in
Q82: The most favorable tax treatment results when
Q146: Only the wealthy need an attorney to
Q177: An estate plan is good only as