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Question
	
31. Per stirpes is a
method of dividing an intestate share of an estate.



32. A trust can be
created for any purpose, legal or illegal.















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33. A trust that a
grantor executes orally in contemplation of immediate death is a testamentary
trust.



34. A trust that a
grantor executes orally in contemplation of immediate death is an inter vivos
trust.






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An executor is
a personal representative named in a will.



Select one:



TRUE.



FALSE.



2.



An
administrator is a personal representative appointed by a court for a decedent
who dies without a will.



Select one:



TRUE.



FALSE.



3.



One who dies
with a valid will has died intestate.



Select one:



TRUE.



FALSE.



4.



If no heirs or
kin can be found, title to the property of a deceased individ­ual is
transferred to charitable organizations.



Select one:



TRUE.



FALSE.



5.



A legatee is a
person who receives a gift of real property under a will.



Select one:



TRUE.



FALSE.



6.



A gift of real
estate by will is a bequest.



Select one:



TRUE.



FALSE.



7.



A lapsed
legacy will occur if the testator predeceases the legatee.



Select one:



TRUE.



FALSE.



8.



A will is
probated to establish its validity and to carry out the administra­tion of the
estate.



Select one:



TRUE.



FALSE.



9.



To be
effective, a will must follow certain requirements exactly.



Select one:



TRUE.



FALSE.



10.



Testamentary
capacity requires a testator to be of legal age at the time a will is made.



Select one:



TRUE.



FALSE.



11.



In most
states, a person must be twenty-one years of age to execute a valid will.



Select one:



TRUE.



FALSE.



12.



The uniform
law covering wills is called the Uniform Testamentary Code.



Select one:



TRUE.



FALSE.



13.



A will may be
declared invalid because of undue influence.



Select one:



TRUE.



FALSE.



14.



Generally, a
will must be in writing.



Select one:



TRUE.



FALSE.



15.



A will that is
completely in the handwriting of the testator is a nuncupa­tive will.



Select one:



TRUE.



FALSE.



16.



Many states do
not permit nuncupative wills.



Select one:



TRUE.



FALSE.



17.



A formal will
may be implied by conduct.



Select one:



TRUE.



FALSE.



18.



A will is
required to be in writing only if real property is being transferred.



Select one:



TRUE.



FALSE.



19.



A nuncupative
will is an oral will.



Select one:



TRUE.



FALSE.



20.



An “X” or
other mark cannot qualify as a signature on a will.



Select one:



TRUE.



FALSE.



21.



Once executed,
a will cannot be revoked.



Select one:



TRUE.



FALSE.



22.



A testator’s
intentionally destroying a will revokes it.



Select one:



TRUE.



FALSE.



23.



To “publish” a
will means to record it in the appropriate county office.



Select one:



TRUE.



FALSE.



24.



A testator may
revoke a will by tearing it.



Select one:



TRUE.



FALSE.



25.



A will can be
amended.



Select one:



TRUE.



FALSE.26.



A codicil is a
clause in a will affirming the testator’s testamentary capacity.



Select one:



TRUE.



FALSE.



27.



Divorce does
not necessarily revoke the entire will of a spouse who exe­cuted the will prior
to the divorce.



Select one:



TRUE.



FALSE.



28.



A child born
after a will has been executed may still inherit a portion of his or her
parent’s estate.



Select one:



TRUE.



FALSE.



29.



Many states
allow for the distribution of assets without probate proceedings.



Select one:



TRUE.



FALSE.



30.



Under
intestacy laws, only when no children or grandchildren survive the decedent
will a surviving spouse succeed to the entire estate.



Select one:



TRUE.



FALSE.



31.



Per stirpes is
a method of dividing an intestate share of an estate.



Select one:



TRUE.



FALSE.



32.



A trust can be
created for any purpose, legal or illegal.



Select one:



TRUE.



FALSE.



33.



A trust that a
grantor executes orally in contemplation of imme­diate death is a testamentary
trust.



Select one:



TRUE.



FALSE.



34.



A trust that a
grantor executes orally in contemplation of imme­diate death is an inter vivos
trust.



Select one:



TRUE.



FALSE.



35.



The law may
impose a trust.



Select one:



TRUE.



FALSE.