Question 1

A will may be revoked if the testator intentionally burns or tears the will.

Accepted Answer

A) True 
 B)False

Question 2

Under the holding In the Matter of the Estate of Reed,Mr.Reed's holographic will was found to be legal.

Accepted Answer

A) True 
 B)False

Question 3

A person on his deathbed may make the following type of will:

Accepted Answer

A)  Deathbed will.
B)  Dying declaration will.
C)  Noncupative will
D)  All of the above.E) C) and D)
F) B) and D)

Question 4

Testamentary capacity means that the person making the will must:

Accepted Answer

A)  Be of legal age and sound mind.
B)  Be witnessed before two witnesses.
C)  Sign or initial every page.
D)  None of the above.E) All of the above
F) B) and D)

Question 5

In Opperman v.Anderson the court found that the sold stock converted to cash was not an ademption,and allowed Anderson and Baker to have the two bank accounts.

Accepted Answer

A) True 
 B)False

Question 6

A will must,generally,be attested to by:

Accepted Answer

A)  The Testator.
B)  One competent witness.
C)  Two or three competent witnesses.
D)  Evidence of video taping.E) B) and C)
F) A) and B)

Question 7

The legal way to make changes to an existing will is through a[n]:

Accepted Answer

A)  Change order.
B)  Amendment.
C)  Codicil.
D)  Power of attorney.E) A) and C)
F) B) and C)

Question 8

The elements that courts examine to determine undue influence include the following:

Accepted Answer

A)  The will contains substantial benefit to the beneficiary.
B)  The beneficiary caused or assisted in the execution of the will.
C)  The will has an unnatural disposition of the testator's property.
D)  All of the above.E) A) and D)
F) A) and B)

Question 9

Generally,wills need not be in writing to be valid.

Accepted Answer

A) True 
 B)False

Question 10

A residuary gift means:

Accepted Answer

A)  A gift of the top ten percent of the estate holdings.
B)  A portion of every other gift that is handed-out.
C)  A gift of anything left over after everything else has been legally handed out.
D)  All of the above.E) A) and B)
F) A) and C)

Question 11

Under the doctrine of ademption,the beneficiary:

Accepted Answer

A)  Is redeemed from having to pay estate taxes.
B)  Is allowed to select from the best of the property remaining after all taxes and creditors have been paid.
C)  Renounces claim to inherited property.
D)  Receives nothing.E) A) and D)
F) None of the above

Question 12

The person who makes the will is called the Testatum.

Accepted Answer

A) True 
 B)False

Question 13

When a testator distributes the same amount of money to all of his descendents,the method of gifting is known as:

Accepted Answer

A)  Arbitrary and unfair.
B)  Fair and equitable.
C)  Per-Stirpes.
D)  Per-Capita.E) A) and B)
F) A) and C) D

Question 14

Most jurisdictions allow interested parties to act as witnesses to the making of a will.

Accepted Answer

A) True 
 B)False  False

Question 15

Gifts in will can be specific,general,or residuary.

Accepted Answer

A) True 
 B)False

Question 16

When two or more testators execute the same instrument as their will,the document is called a[n]:

Accepted Answer

A)  Illegal document.
B)  Reciprocal will.
C)  Joint will.
D)  None of the above.E) All of the above
F) None of the above

Question 17

Generally,an inheritance may never be renounced.

Accepted Answer

A) True 
 B)False  False

Question 18

The person who makes the will is called the:

Accepted Answer

A)  Testator.
B)  Testatrix.
C)  Both of the above.
D)  None of the above.E) B) and D)
F) B) and C)

Question 19

Videotape or electronic recording can be used to supplement and strengthen a will.

Accepted Answer

A) True 
 B)False

Question 20

A holographic will is one that is captured in computer memory.

Accepted Answer

A) True 
 B)False

Exam 10: Wills,Trusts,and Estates

A will may be revoked if the testator intentionally burns or tears the will.

Correct AnswerverifiedShow Answer

Under the holding In the Matter of the Estate of Reed,Mr.Reed's holographic will was found to be legal.

Correct AnswerverifiedShow Answer

A person on his deathbed may make the following type of will:

Correct AnswerverifiedShow Answer

Testamentary capacity means that the person making the will must:

Correct AnswerverifiedShow Answer

In Opperman v.Anderson the court found that the sold stock converted to cash was not an ademption,and allowed Anderson and Baker to have the two bank accounts.

Correct AnswerverifiedShow Answer

A will must,generally,be attested to by:

Correct AnswerverifiedShow Answer

The legal way to make changes to an existing will is through a[n]:

Correct AnswerverifiedShow Answer

The elements that courts examine to determine undue influence include the following:

Correct AnswerverifiedShow Answer

Generally,wills need not be in writing to be valid.

Correct AnswerverifiedShow Answer

A residuary gift means:

Correct AnswerverifiedShow Answer

Under the doctrine of ademption,the beneficiary:

Correct AnswerverifiedShow Answer

The person who makes the will is called the Testatum.

Correct AnswerverifiedShow Answer

When a testator distributes the same amount of money to all of his descendents,the method of gifting is known as:

Correct AnswerverifiedD

Most jurisdictions allow interested parties to act as witnesses to the making of a will.

Correct AnswerverifiedFalse

Gifts in will can be specific,general,or residuary.

Correct AnswerverifiedShow Answer

When two or more testators execute the same instrument as their will,the document is called a[n]:

Correct AnswerverifiedShow Answer

Generally,an inheritance may never be renounced.

Correct AnswerverifiedFalse

The person who makes the will is called the:

Correct AnswerverifiedShow Answer

Videotape or electronic recording can be used to supplement and strengthen a will.

Correct AnswerverifiedShow Answer

A holographic will is one that is captured in computer memory.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
D

Correct Answer
verified
False

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
False

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified