Complete the Following Statements by Filling in the Blanks

Complete the following statements by filling in the blanks:
a. Real property disposed of under a valid will is called a(n) __________.

b. A person who dies without a valid will is said to die __________.

c. The personal representative of the decedent under a valid will is called the __________.

d. For an unmarried person, the amount of property exempted from the federal estate tax is referred to as the __________.

e. Since estate rates increase as the tax base increases, the rates are said to be __________.

f. With spousal consent, nontaxable gifts per individual per year amount to __________.

g. Under appropriate conditions, the fiduciary of an estate may value assets at a date six months after death. The date is called the __________.

h. A valid will says, "My nephew shall receive the gold Canadian maple leaf coins in my Greenwood Trust safety deposit box." This is an example of a(n) __________ legacy.

i. Income from an asset may be assigned to one party called the __________. After a stipulated period of time, the asset itself may be distributed to another party called the __________.
:
a.
Real property disposed of under a valid will is called a(n) __________.
b.
A person who dies without a valid will is said to die __________.
c.
The personal representative of the decedent under a valid will is called the __________.
d.
For an unmarried person, the amount of property exempted from the federal estate tax is referred to as the __________.
e.
Since estate rates increase as the tax base increases, the rates are said to be __________.