Site MapHelpFeedbackChapter 1 - An Introduction to the Law of Wills, Trusts, and Estates
Chapter 1 - An Introduction to the Law of Wills, Trusts, and Estates
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1
A(n) _________________ is the property a decedent had either prior to the distribution to a trust or owned at the time of his death.
A)estate
B)will
C)domicile
D)codicil
2
The term _________________ refers to a woman who makes a will.
A)testator
B)administrator
C)testatrix
D)administratrix
3
To act as a(n) _________________ on documents such as the testator's will, a paralegal has to meet the requirements for becoming a notary public in his or her state.
A)partner
B)notary public
C)sole proprietor
D)testator
4
A(n) _________________ individually owns all assets and is personally responsible for all liabilities of a business.
A)partner
B)settlor
C)beneficiary
D)sole proprietor
5
_________________ is the validation of a will.
A)Execution
B)Duress
C)Prenuptial agreement
D)Codicil
6
A(n) _________________ system is a method of keeping track of important dates and filing of documents.
A)trust
B)intestate
C)tickler
D)advance directives
7
A(n) _________________ is a provision that amends or modifies an existing will.
A)domicile
B)codicil
C)intestate
D)trust
8
A(n) _________________ is the person who oversees the assets of a trust.
A)trustee
B)executor
C)settlor
D)partner
9
The term _________________ refers to the person who creates a trust.
A)trustee
B)administrator
C)heirs at law
D)settlor
10
A(n) _________________ is a gift made by will.
A)tort
B)legacy
C)estate
D)trust





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