Administration Of Wills/Trusts/ And Estates
Administration Of Wills/Trusts/ And Estates
5th Edition
ISBN: 9781285281308
Author: Brown
Publisher: Cengage
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Which of the following statements are correct regarding the purpose and characteristics of a nuncupative will? A nuncupative will is one whose material provisions are written entirely in the testator's handwriting. A nuncupative will requires at least one witness. State law may limit the types and amounts of property that may be distributed by this form of will. This form of will is recognized in most states.   A)I and II   B)I, II, and IV   C)III and IV   D)II and III
Which of the following correctly identify the requirements for both legal and personal competence for a fiduciary? Must be a U.S. citizen Must meet a minimum age requirement as specified by state law Must be capable of analyzing a situation and making decisions Must be mentally competent as required by state law
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Administration Of Wills/Trusts/ And Estates
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ISBN:9781285281308
Author:Brown
Publisher:Cengage