To carry on the administration of an estate, a particular person must be responsible for locating the estate property and carrying out the decedent's instructions. If named in the will, this person is called a(n) _____ and the Uniform Probate Code (UPC) refers to the person as the _____.
A) holder; executor
B) testator; legatee
C) settlor; administrator
D) legatee; grantor
E) executor; personal representative
Correct Answer:
Verified
Q18: The inheritance tax rate depends on the
Q19: According to the Uniform Probate Code (UPC),
Q20: According to the Uniform Principal and Income
Q21: Daniel created a trust intending to assist
Q22: Ashton and Jennifer, husband and wife, created
Q24: The _ rule under the Uniform Principal
Q25: a(n. _ trust is a type of
Q26: What is meant by estate planning? What
Q27: A system of distribution in which all
Q28: What are the various provisions in a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents