, TESTBANK for Wills, Trusts, and Estate
Administration, 9th Edition Janis Walter
Notes
1- The file is chapter after chapter.
2- We have shown you few pages sample.
3- The file contains all Appendix and Excel
sheet if it exists.
4- We have all what you need, we make
update at every time. There are many new
editions waiting you.
5- If you think you purchased the wrong file
You can contact us at every time, we can
replace it with true one.
Our email:
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
Matching
a. testamentary capacity
b. testator or testatrix
c. real property
d. ambulatory
e. codicil
f. property guardian
g. fiduciary duty
h. legal title of a trust
i. principal
j. trust
QUESTION TYPE: Matching
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/27/2021 6:23 PM
1. An individual or trust institution appointed by a court to care for and manage the property of a minor or an
incompetent person
ANSWER: f
POINTS: 1
2. In trust law, the capital or property of a trust, as opposed to the income, which is the product of the capital
ANSWER: i
POINTS: 1
3. The sanity (sound mind) requirement for any person making a valid will
ANSWER: a
POINTS: 1
4. Subject to change and revocation anytime before death
ANSWER: d
POINTS: 1
5. A written amendment to the will that changes but does not invalidate it
ANSWER: e
POINTS: 1
6. The form of ownership for a trust property held by the trustee, giving the trustee the right to control and manage the
property for another person’s benefit
ANSWER: h
POINTS: 1
7. A man or woman who makes and/or dies with a valid will
Copyright Cengage Learning. Powered by Cognero. Page 1
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
ANSWER: b
POINTS: 1
8. A right of property, real or personal, held by one person for the benefit of another
ANSWER: j
POINTS: 1
9. A duty or responsibility required of a fiduciary to act solely for another's benefit that arises out of a position of loyalty
and trust
ANSWER: g
POINTS: 1
10. Land, buildings, and the objects permanently attached to them
ANSWER: c
POINTS: 1
True / False
11. Not everyone can legally make a will.
a. True
b. False
ANSWER: True
FEEDBACK: Correct A testator must have testamentary capacity.
Incorrect A testator must have legal capacity.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
12. All wills are ambulatory.
a. True
b. False
ANSWER: True
FEEDBACK: Correct A will takes effect only after the testator dies.
Incorrect All wills are subject to change or revocation before the testator dies.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
13. Copies of the letter of instructions should be given to family members.
a. True
Copyright Cengage Learning. Powered by Cognero. Page 2
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
b. False
ANSWER: True
FEEDBACK: Correct The letter of instructions should also be kept current.
Incorrect Giving family members copies ensures that the person’s wishes are known.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
14. The testator has no control over the determination of the source from which death taxes will be paid.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Without an apportionment clause, family members could be placed in a hardship situation.
Incorrect An apportionment clause in a will overrules methods established by state statute.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
15. Everyone needs a will.
a. True
b. False
ANSWER: False
FEEDBACK: Correct If a person has no heirs, he/she may not care how the property is distributed after his/her
death.
Incorrect A will designates how property will be distributed, and if a person has no heirs, he/she may
not care how the property is distributed after his/her death.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/27/2021 6:25 PM
16. The surviving natural parent is automatically appointed the property guardian for the decedent’s minor or incompetent
children.
a. True
b. False
ANSWER: False
FEEDBACK: Correct The children are typically appointed the property guardian, but not always.
Incorrect The property guardian can be a legal person, such as a corporation.
Copyright Cengage Learning. Powered by Cognero. Page 3
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
17. A single person can be a settlor, trustee, and beneficiary.
a. True
b. False
ANSWER: True
FEEDBACK: Correct Co-trustees or co-beneficiaries are more common.
Incorrect However, this person cannot be the sole trustee and the sole beneficiary.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
18. To acquire the authority and powers of the position of administrator or administratrix, a personal representative must
be appointed by the testator.
a. True
b. False
ANSWER: False
FEEDBACK: Correct An administrator or administratrix is appointed by the court to administer the estate of a
decedent who dies without a will.
Incorrect The personal representative must be appointed by the court to assume the power of
administrator or administratrix.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/27/2021 6:32 PM
19. Anyone may dispose of property as a gift while alive.
a. True
b. False
ANSWER: True
FEEDBACK: Correct However, this is not the same as an inter vivos trust.
Incorrect Such a gift is known as an inter vivos gift.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
Copyright Cengage Learning. Powered by Cognero. Page 4
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
DATE MODIFIED: 1/6/2021 9:49 AM
20. Most states require that a valid will be dated.
a. True
b. False
ANSWER: True
FEEDBACK: Correct A valid will must also be signed by the testator and two witnesses.
Incorrect The date is especially important if there are multiple versions of the will.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
Multiple Choice
21. Which is NOT a reason that many people die without a valid will?
a. Procrastination
b. Assumed expense
c. Reluctance to discuss property and finances with strangers
d. Request of the beneficiary
ANSWER: d
FEEDBACK: a. Incorrect. Many people procrastinate about making a will. This is especially true of people
who die prematurely.
b. Incorrect. Many people think a will is too expensive, when in fact most attorneys charge
minimal fees.
c. Incorrect. Many people are reluctant to do so. However, they may not realize that other
strangers may make the decisions about their property after they die.
d. Correct. The future beneficiary will generally want the person to have a will.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
22. When a testator signs his or her name at the bottom of the will, he/she is:
a. Subscribing
b. Executing
c. Attesting
d. Witnessing
ANSWER: a
FEEDBACK: a. Correct. This signature is required for a valid will.
b. Incorrect. Subscribing is a part of executing.
Copyright Cengage Learning. Powered by Cognero. Page 5
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
c. Incorrect. Attesting is done by the witnesses.
d. Incorrect. A person generally cannot witness the execution of his/her own will.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
23. The minor daughter of a decedent can generally be any of the following EXCEPT:
a. Distributee
b. Executrix
c. Heir
d. Next of kin
ANSWER: b
FEEDBACK: a. Incorrect. A distributee is entitled to a share of the distribution of an estate when the
decedent dies intestate.
b. Correct. The executor or executrix most likely will be an adult.
c. Incorrect. Children of the decedent are typically heirs.
d. Incorrect. Next of kin include the closest blood relative(s).
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
24. If a person preplans his/her funeral and burial arrangements, these arrangements should be included in the:
a. Letter of instructions
b. Will
c. Codicil
d. Uniform Probate Code (UPC)
ANSWER: a
FEEDBACK: a. Correct. The letter of instructions is readily accessible for the testator’s review and
modification.
b. Incorrect. The will directs the distribution of property after death.
c. Incorrect. A codicil is an amendment to the will.
d. Incorrect. The UPC is a law, not a personal death-related document.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
25. Which would be a reason for the creation of a trust?
Copyright Cengage Learning. Powered by Cognero. Page 6
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
a. To save taxes but incur probate expenses
b. To encourage spendthrift beneficiaries to deplete the trust fund
c. For religious, scientific, literary, educational, or charitable purposes
d. To appoint a property guardian for a minor
ANSWER: c
FEEDBACK: a. Incorrect. Trusts can reduce both tax and probate costs.
b. Incorrect. Trusts can be established to prevent this from happening.
c. Correct. Such charitable trusts are called public trusts.
d. Incorrect. A trust can be used to avoid this practice.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/27/2021 6:34 PM
26. Which is LEAST likely to be used as a substitute for a will?
a. Testamentary trust
b. Joint tenancy
c. Life insurance
d. Community property agreement
ANSWER: a
FEEDBACK: a. Correct. A testamentary trust is created in a will.
b. Incorrect. The other owner(s) has the right of survivorship.
c. Incorrect. A person can choose his/her beneficiary for a life insurance policy.
d. Incorrect. A community property agreement transfers ownership rights to a surviving
spouse.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
27. In order for a will to be valid, it must:
a. Include the date of death
b. Be signed only by witnesses
c. Be witnessed by no fewer than five people
d. Be typewritten, computer generated and printed, or handwritten
ANSWER: d
FEEDBACK: a. Incorrect. A testator will not know his/her date of death.
b. Incorrect. The testator must also sign his/her will.
c. Incorrect. A will must be witnessed by at least two people.
d. Correct. A will must be a printed document.
Copyright Cengage Learning. Powered by Cognero. Page 7
, Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/27/2021 6:35 PM
28. If a person wants to donate his/her organs or remains, this request should be made in the:
a. Letter of instructions
b. Will
c. Codicil
d. Donor card signed only by the donor
ANSWER: a
FEEDBACK: a. Correct. The letter of instructions is typically read soon after death, allowing enough time
for a useful donation.
b. Incorrect. In some cases, it takes days or weeks to find a will.
c. Incorrect. A codicil is an amendment to a will.
d. Incorrect. Two witnesses must also sign the donor card.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
29. Who is the only person a testator CANNOT disinherit?
a. Surviving minor child
b. Surviving spouse
c. Surviving adult child
d. Sibling
ANSWER: b
FEEDBACK: a. Incorrect. The surviving spouse has a statutory right to a share of the decedent’s estate.
b. Correct. A surviving spouse has a statutory right to a share of the decedent spouse's
estate.
c. Incorrect. Children do not have an automatic right to the estate of a parent.
d. Incorrect. Siblings are less likely than nuclear family members to be named heirs.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/27/2021 6:36 PM
30. A testator must have all of the following EXCEPT:
a. Executor
b. Testamentary capacity
Copyright Cengage Learning. Powered by Cognero. Page 8
Administration, 9th Edition Janis Walter
Notes
1- The file is chapter after chapter.
2- We have shown you few pages sample.
3- The file contains all Appendix and Excel
sheet if it exists.
4- We have all what you need, we make
update at every time. There are many new
editions waiting you.
5- If you think you purchased the wrong file
You can contact us at every time, we can
replace it with true one.
Our email:
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
Matching
a. testamentary capacity
b. testator or testatrix
c. real property
d. ambulatory
e. codicil
f. property guardian
g. fiduciary duty
h. legal title of a trust
i. principal
j. trust
QUESTION TYPE: Matching
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/27/2021 6:23 PM
1. An individual or trust institution appointed by a court to care for and manage the property of a minor or an
incompetent person
ANSWER: f
POINTS: 1
2. In trust law, the capital or property of a trust, as opposed to the income, which is the product of the capital
ANSWER: i
POINTS: 1
3. The sanity (sound mind) requirement for any person making a valid will
ANSWER: a
POINTS: 1
4. Subject to change and revocation anytime before death
ANSWER: d
POINTS: 1
5. A written amendment to the will that changes but does not invalidate it
ANSWER: e
POINTS: 1
6. The form of ownership for a trust property held by the trustee, giving the trustee the right to control and manage the
property for another person’s benefit
ANSWER: h
POINTS: 1
7. A man or woman who makes and/or dies with a valid will
Copyright Cengage Learning. Powered by Cognero. Page 1
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
ANSWER: b
POINTS: 1
8. A right of property, real or personal, held by one person for the benefit of another
ANSWER: j
POINTS: 1
9. A duty or responsibility required of a fiduciary to act solely for another's benefit that arises out of a position of loyalty
and trust
ANSWER: g
POINTS: 1
10. Land, buildings, and the objects permanently attached to them
ANSWER: c
POINTS: 1
True / False
11. Not everyone can legally make a will.
a. True
b. False
ANSWER: True
FEEDBACK: Correct A testator must have testamentary capacity.
Incorrect A testator must have legal capacity.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
12. All wills are ambulatory.
a. True
b. False
ANSWER: True
FEEDBACK: Correct A will takes effect only after the testator dies.
Incorrect All wills are subject to change or revocation before the testator dies.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
13. Copies of the letter of instructions should be given to family members.
a. True
Copyright Cengage Learning. Powered by Cognero. Page 2
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
b. False
ANSWER: True
FEEDBACK: Correct The letter of instructions should also be kept current.
Incorrect Giving family members copies ensures that the person’s wishes are known.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
14. The testator has no control over the determination of the source from which death taxes will be paid.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Without an apportionment clause, family members could be placed in a hardship situation.
Incorrect An apportionment clause in a will overrules methods established by state statute.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
15. Everyone needs a will.
a. True
b. False
ANSWER: False
FEEDBACK: Correct If a person has no heirs, he/she may not care how the property is distributed after his/her
death.
Incorrect A will designates how property will be distributed, and if a person has no heirs, he/she may
not care how the property is distributed after his/her death.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/27/2021 6:25 PM
16. The surviving natural parent is automatically appointed the property guardian for the decedent’s minor or incompetent
children.
a. True
b. False
ANSWER: False
FEEDBACK: Correct The children are typically appointed the property guardian, but not always.
Incorrect The property guardian can be a legal person, such as a corporation.
Copyright Cengage Learning. Powered by Cognero. Page 3
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
17. A single person can be a settlor, trustee, and beneficiary.
a. True
b. False
ANSWER: True
FEEDBACK: Correct Co-trustees or co-beneficiaries are more common.
Incorrect However, this person cannot be the sole trustee and the sole beneficiary.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
18. To acquire the authority and powers of the position of administrator or administratrix, a personal representative must
be appointed by the testator.
a. True
b. False
ANSWER: False
FEEDBACK: Correct An administrator or administratrix is appointed by the court to administer the estate of a
decedent who dies without a will.
Incorrect The personal representative must be appointed by the court to assume the power of
administrator or administratrix.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/27/2021 6:32 PM
19. Anyone may dispose of property as a gift while alive.
a. True
b. False
ANSWER: True
FEEDBACK: Correct However, this is not the same as an inter vivos trust.
Incorrect Such a gift is known as an inter vivos gift.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
Copyright Cengage Learning. Powered by Cognero. Page 4
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
DATE MODIFIED: 1/6/2021 9:49 AM
20. Most states require that a valid will be dated.
a. True
b. False
ANSWER: True
FEEDBACK: Correct A valid will must also be signed by the testator and two witnesses.
Incorrect The date is especially important if there are multiple versions of the will.
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
Multiple Choice
21. Which is NOT a reason that many people die without a valid will?
a. Procrastination
b. Assumed expense
c. Reluctance to discuss property and finances with strangers
d. Request of the beneficiary
ANSWER: d
FEEDBACK: a. Incorrect. Many people procrastinate about making a will. This is especially true of people
who die prematurely.
b. Incorrect. Many people think a will is too expensive, when in fact most attorneys charge
minimal fees.
c. Incorrect. Many people are reluctant to do so. However, they may not realize that other
strangers may make the decisions about their property after they die.
d. Correct. The future beneficiary will generally want the person to have a will.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
22. When a testator signs his or her name at the bottom of the will, he/she is:
a. Subscribing
b. Executing
c. Attesting
d. Witnessing
ANSWER: a
FEEDBACK: a. Correct. This signature is required for a valid will.
b. Incorrect. Subscribing is a part of executing.
Copyright Cengage Learning. Powered by Cognero. Page 5
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
c. Incorrect. Attesting is done by the witnesses.
d. Incorrect. A person generally cannot witness the execution of his/her own will.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
23. The minor daughter of a decedent can generally be any of the following EXCEPT:
a. Distributee
b. Executrix
c. Heir
d. Next of kin
ANSWER: b
FEEDBACK: a. Incorrect. A distributee is entitled to a share of the distribution of an estate when the
decedent dies intestate.
b. Correct. The executor or executrix most likely will be an adult.
c. Incorrect. Children of the decedent are typically heirs.
d. Incorrect. Next of kin include the closest blood relative(s).
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
24. If a person preplans his/her funeral and burial arrangements, these arrangements should be included in the:
a. Letter of instructions
b. Will
c. Codicil
d. Uniform Probate Code (UPC)
ANSWER: a
FEEDBACK: a. Correct. The letter of instructions is readily accessible for the testator’s review and
modification.
b. Incorrect. The will directs the distribution of property after death.
c. Incorrect. A codicil is an amendment to the will.
d. Incorrect. The UPC is a law, not a personal death-related document.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
25. Which would be a reason for the creation of a trust?
Copyright Cengage Learning. Powered by Cognero. Page 6
,Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
a. To save taxes but incur probate expenses
b. To encourage spendthrift beneficiaries to deplete the trust fund
c. For religious, scientific, literary, educational, or charitable purposes
d. To appoint a property guardian for a minor
ANSWER: c
FEEDBACK: a. Incorrect. Trusts can reduce both tax and probate costs.
b. Incorrect. Trusts can be established to prevent this from happening.
c. Correct. Such charitable trusts are called public trusts.
d. Incorrect. A trust can be used to avoid this practice.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/27/2021 6:34 PM
26. Which is LEAST likely to be used as a substitute for a will?
a. Testamentary trust
b. Joint tenancy
c. Life insurance
d. Community property agreement
ANSWER: a
FEEDBACK: a. Correct. A testamentary trust is created in a will.
b. Incorrect. The other owner(s) has the right of survivorship.
c. Incorrect. A person can choose his/her beneficiary for a life insurance policy.
d. Incorrect. A community property agreement transfers ownership rights to a surviving
spouse.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
27. In order for a will to be valid, it must:
a. Include the date of death
b. Be signed only by witnesses
c. Be witnessed by no fewer than five people
d. Be typewritten, computer generated and printed, or handwritten
ANSWER: d
FEEDBACK: a. Incorrect. A testator will not know his/her date of death.
b. Incorrect. The testator must also sign his/her will.
c. Incorrect. A will must be witnessed by at least two people.
d. Correct. A will must be a printed document.
Copyright Cengage Learning. Powered by Cognero. Page 7
, Name: Class: Date:
Chapter 01: The Estate Plan and the Purpose and Need for a Will
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/27/2021 6:35 PM
28. If a person wants to donate his/her organs or remains, this request should be made in the:
a. Letter of instructions
b. Will
c. Codicil
d. Donor card signed only by the donor
ANSWER: a
FEEDBACK: a. Correct. The letter of instructions is typically read soon after death, allowing enough time
for a useful donation.
b. Incorrect. In some cases, it takes days or weeks to find a will.
c. Incorrect. A codicil is an amendment to a will.
d. Incorrect. Two witnesses must also sign the donor card.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/6/2021 9:49 AM
29. Who is the only person a testator CANNOT disinherit?
a. Surviving minor child
b. Surviving spouse
c. Surviving adult child
d. Sibling
ANSWER: b
FEEDBACK: a. Incorrect. The surviving spouse has a statutory right to a share of the decedent’s estate.
b. Correct. A surviving spouse has a statutory right to a share of the decedent spouse's
estate.
c. Incorrect. Children do not have an automatic right to the estate of a parent.
d. Incorrect. Siblings are less likely than nuclear family members to be named heirs.
POINTS: 1
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 1/6/2021 9:49 AM
DATE MODIFIED: 1/27/2021 6:36 PM
30. A testator must have all of the following EXCEPT:
a. Executor
b. Testamentary capacity
Copyright Cengage Learning. Powered by Cognero. Page 8
