Deck 14: Informal Probate Administration

Question 1

MATCHING

An officer of the court who is authorized to act in place of a judge in informal probate

Answer 1

D

Question 2

When applying for the informal probate of a will,an applicant must affirm that he or she is unaware of any instrument that revokes the will.

Answer 2

True

Question 3

If the registrar denies an application for informal proceedings,this usually results in the commencement of formal proceedings.

Answer 3

True

Question 4

MATCHING

Settlement of an estate in which some proceedings may be handled by the probate court but most of the administration takes place informally,out of the court

Question 5

MATCHING

An applicant who seeks to be appointed personal representative submits a completed application for informal probate and informal appointment

Question 6

MATCHING

Administration conducted before a judge with notice to interested persons

Question 7

A person applying for informal probate of a will does not need to notify parties interested in the estate unless they have filed a written demand to be notified.

Question 8

MATCHING

Administration conducted without notice to interested persons by an officer of the court

Question 9

MATCHING

A court document that accepts an application for informal proceedings

Question 10

Informal probate requires the appraisal of estate assets.

Question 11

Informal probate generally extends the time required to complete the administration of a decedent's estate.

Question 12

A person applying for informal appointment does not need to notify any other parties who might have a right to be personal representative.

Question 13

Any party that has an interest of $100 or more in an estate may demand that the personal representative post a bond.

Question 14

MATCHING

Terminates administration

Question 15

MATCHING

A filing with the court by any persons who have an interest in the estate

Question 16

MATCHING

An affidavit signed by the personal representative at the end of informal probate proceedings to close the estate and to be discharged

Question 17

MATCHING

A claim by a creditor of the estate that was not paid during the distribution of assets

Question 18

A person who has a financial or property interest in an estate must file a demand for notice of any order or filing related to the estate within 120 hours of the passing of the decedent.

Question 19

The personal representative is required to give personal notice of informal proceedings to all creditors.

Question 20

The surviving spouse who is a devisee of the decedent has the highest priority for consideration as the personal representative in informal probate proceedings.

Question 21

Which can an informally appointed personal representative choose as a means of closing an estate informally and being discharged?

A)A closing statement
B)A filing of the final account with the court
C)A formal closing
D)A notice of final distribution of assets

Question 22

When is the personal representative's appointment for informal proceedings terminated?

A)One year after the closing statement is filed,if no proceedings involving the personal representative are pending in the court
B)Automatically upon closing of the estate
C)When the personal representative has completed all duties that he or she is required to perform
D)When the formal closing ends

Question 23

Which of the following would necessitate the reopening of an estate?

A)The location of additional omitted property of the decedent after the estate has been closed and discharged
B)A creditor seeking to collect a valid but undischarged claim
C)The personal representative committed fraud or inadequate disclosure to a creditor related to the settlement of the decedent's estate
D)A claim against a decedent's estate that arose before the decedent's death is presented six months after the date of the first publication of notice to creditors

Question 24

The registrar will examine the forms submitted for informal proceedings for all of the following EXCEPT:

A)Confirmation that two weeks have elapsed since the decedent's death
B)Evidence that other wills exist
C)Compliance of the application with the Uniform Probate Code UPC)
D)Evidence that all who have demanded notice of proceedings have been notified

Question 25

The affidavit signed by the personal representative at the end of informal probate proceedings to close the estate and to be discharged must verify all of the following EXCEPT:

A)All assets of the estate have been distributed in full to the persons entitled to them.
B)All federal and state taxes have been paid.
C)A notice to creditors was published more than six months before the date of the affidavit.
D)A copy of the affidavit was mailed to all distributees of the estate.

Question 26

Who has the highest priority for consideration as personal representative of a decedent's estate?

A)Devisee of the decedent other than the spouse
B)Non-devisee surviving spouse of the decedent
C)Other heirs of the decedent
D)Creditor of the decedent

Question 27

Which is NOT a duty of the personal representative during informal probate?

A)Obtaining court approval for every item distributed
B)Paying creditors' claims
C)Holding and managing the estate
D)Providing a final account

Question 28

Which of the following is NOT required on applications for informal probate of a will or informal appointment?

A)Statement that the time limit for informal probate has expired
B)Interest of the applicant in the decedent's estate
C)Statement indicating the county or city where the proceedings are to take place
D)Decedent's personal information,including name,date of death,domicile,and so on.

Question 29

Which is an acceptable method for giving notice of a hearing on a petition to an interested party?

A)Personally delivering a copy of the notice 14 days prior to the hearing
B)Publishing the notice in the newspaper every other week for a month if the identity of interested parties is unknown
C)Mailing a copy of the notice at least seven days before the time set for the hearing
D)Publishing the notice in the newspaper at least once,14 days prior to the hearing

Question 30

Within the time set by state statute,the personal representative must prepare an inventory that includes all of the following EXCEPT:

A)Administration expenses
B)All real and personal property owned by the decedent at the time of death
C)A valuation of the assets at fair market value
D)Identify any encumbrances on assets