Estates & Trusts- Midterm ACTUAL
QUESTIONS AND CORRECT ANSWERS
To acquire the authority of the position, a personal representative must be appointed only by the
testator - Correct answers✔False
Not everyone can legally make a will in the state of Florida - Correct answers✔True
Testament is another name for a will - Correct answers✔True
When a testator signs his/her name at the bottom of the will, he/she is - Correct
answers✔Subscribing
The minor daughter of a decedent can generally be any of the following except - Correct
answers✔Executrix
The testator has no control over the determination of the source which death taxes will be paid -
Correct answers✔False
Which of the following document(s) is least likely to be used as a substitute for a will - Correct
answers✔Testamentary Trust
A testator must have all the following except - Correct answers✔Executor
County ordinances are laws passed by state and federal legislatures - Correct answers✔False
Which of the following is the best definition for a holographic will - Correct answers✔Written
entirely in the testator's own handwriting
,There are others beyond living, natural, marital children of a man/woman who have the right to
inherit - Correct answers✔True
In ALL states, if a person marries after making a will, the marriage revokes the will - Correct
answers✔False
Which of the following replaced the term "devise" under the UPC - Correct answers✔Legacy &
Bequest
A fill in the blank will that is created and authorized by statute in a few states is known as which
of the following - Correct answers✔Statutory Will
The passage of an intestate decedent's property to the state when there are no surviving blood
relatives or a spouse, is - Correct answers✔Escheat
Related by blood through a common ancestor would be known as which of the following -
Correct answers✔Consanguinity
Which of the following is NOT a way to accomplish revocation - Correct answers✔Intent
Which of the following constitutes grounds for contesting a will - Correct answers✔The will has
been revoked
Which of the following is NOT a requirement for the creation of a valid will - Correct
answers✔The beneficiary must legally & mentally capable
, Which of the following is NOT an example of revocation by subsequent writing - Correct
answers✔The testator crosses out all clauses of will with a pen
A spouse can be legally disinherited, but a child cannot - Correct answers✔False
One of the paralegal's duties is to collect complete information about the client, his/her family,
and the beneficiaries named in the will - Correct answers✔True
Checklists should be used to collect information during the initial interview - Correct
answers✔True
What is the first priority in drafting a will under attorney's supervision - Correct
answers✔Understanding client's objectives
A legally binding agreement by which one party promises to pay another party a certain sum of
money if the policy holder dies or suffers a disability, is known as - Correct answers✔Life
Insurance
Which of the following is NOT an example of a specific testamentary gift - Correct
answers✔Memorandum
A letter of instructions is preferred to include which of the following clause/s - Correct
answers✔Instructions for funeral and burial
Which of the following places is the LEAST desirable place for a will to be kept - Correct
answers✔In a safety deposit box
Which of the following grants another person the right to act legally on behalf of the person who
authorizes and grants the power - Correct answers✔Power of attorney
QUESTIONS AND CORRECT ANSWERS
To acquire the authority of the position, a personal representative must be appointed only by the
testator - Correct answers✔False
Not everyone can legally make a will in the state of Florida - Correct answers✔True
Testament is another name for a will - Correct answers✔True
When a testator signs his/her name at the bottom of the will, he/she is - Correct
answers✔Subscribing
The minor daughter of a decedent can generally be any of the following except - Correct
answers✔Executrix
The testator has no control over the determination of the source which death taxes will be paid -
Correct answers✔False
Which of the following document(s) is least likely to be used as a substitute for a will - Correct
answers✔Testamentary Trust
A testator must have all the following except - Correct answers✔Executor
County ordinances are laws passed by state and federal legislatures - Correct answers✔False
Which of the following is the best definition for a holographic will - Correct answers✔Written
entirely in the testator's own handwriting
,There are others beyond living, natural, marital children of a man/woman who have the right to
inherit - Correct answers✔True
In ALL states, if a person marries after making a will, the marriage revokes the will - Correct
answers✔False
Which of the following replaced the term "devise" under the UPC - Correct answers✔Legacy &
Bequest
A fill in the blank will that is created and authorized by statute in a few states is known as which
of the following - Correct answers✔Statutory Will
The passage of an intestate decedent's property to the state when there are no surviving blood
relatives or a spouse, is - Correct answers✔Escheat
Related by blood through a common ancestor would be known as which of the following -
Correct answers✔Consanguinity
Which of the following is NOT a way to accomplish revocation - Correct answers✔Intent
Which of the following constitutes grounds for contesting a will - Correct answers✔The will has
been revoked
Which of the following is NOT a requirement for the creation of a valid will - Correct
answers✔The beneficiary must legally & mentally capable
, Which of the following is NOT an example of revocation by subsequent writing - Correct
answers✔The testator crosses out all clauses of will with a pen
A spouse can be legally disinherited, but a child cannot - Correct answers✔False
One of the paralegal's duties is to collect complete information about the client, his/her family,
and the beneficiaries named in the will - Correct answers✔True
Checklists should be used to collect information during the initial interview - Correct
answers✔True
What is the first priority in drafting a will under attorney's supervision - Correct
answers✔Understanding client's objectives
A legally binding agreement by which one party promises to pay another party a certain sum of
money if the policy holder dies or suffers a disability, is known as - Correct answers✔Life
Insurance
Which of the following is NOT an example of a specific testamentary gift - Correct
answers✔Memorandum
A letter of instructions is preferred to include which of the following clause/s - Correct
answers✔Instructions for funeral and burial
Which of the following places is the LEAST desirable place for a will to be kept - Correct
answers✔In a safety deposit box
Which of the following grants another person the right to act legally on behalf of the person who
authorizes and grants the power - Correct answers✔Power of attorney
