A written and legally enforceable document expressing how a person's property should be distributed on his or her death is known as a(n) :
A) will.
B) ethical paper.
C) memorandum.
D) letter of last instructions.
E) power of attorney.
Correct Answer:
Verified
Q22: A grantor is also called the:
A) heir.
B)
Q23: _ is a special form of marital
Q24: A trust designed to help couples gain
Q25: The objective of estate planning is to:
A)
Q26: A _ has no right of survivorship.
A)
Q28: The disposition of property involves:
A) distributing residual
Q29: An advantage of a(n) _ trust is
Q30: A letter of last instructions is a(n):
A)
Q31: A trust that comes into existence only
Q32: The person setting up a trust is
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