Legal duties of an executor include all of the following except
A) extending sympathy and comforting the bereaved initially and throughout the traumatic experience of probate.
B) notifying heirs and designated beneficiaries of the death and of the contents of the will.
C) paying debts of the decedent and of the estate, and receiving and safekeeping any income of the estate.
D) preparing a final accounting report of the administration of the estate for court review and approval before discharge.
Correct Answer:
Verified
Q16: Trustees normally collect money for their services
Q17: Estate planning is an ongoing analysis of
Q18: Estate planning has substantial potential monetary and
Q19: A holographic, un-witnessed will is often as
Q20: A trust may be used to protect
Q22: Usual costs of a testamentary trust include
A)will
Q23: When an elderly person is senile and/or
Q24: A holographic will
A)does not require witnesses.
B)can be
Q25: A will is often called a conditional
Q26: The typical joint marital trust
A)will eliminate or
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