SBE ARTS - Funeral Service Questions With Complete Solutions

A will is an instrument for the ordered disposition of real and person property that is to take effect upon death. Which of the following is a requirement for a will to take effect? correct answer: The deceased was of legal age The funeral rule, which is enforced by the federal Trade Commission FTC, has many provisions. These include mandated disclosures and restrictive actions. At the very start of a face-to-face discussion with the public regarding the selection of funeral goods or services and/or the prices of them, the funeral director is required to give the customer: correct answer: The GPL for rentention, and the casket and vault price list for reference only The person with the authority and duty of final disposition who may or may not have "actual" custody (physical possession) of the deceased at a particular moment is considered to have what kind of custody? correct answer: Constructive An insolvent estate is an estate of deceased person whose assets are insufficient to pay the estate's debts, taxes, and administrative expenses. It is the state statute that controls the priority of these claims. In most states, though, the priority of claims---from top to priority lowest--- is as follows: correct answer: Funeral Expenses, administration expenses, and taxes A federal government agency created