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Wills and Estate Planning

Authored by Sara Simpson

Business

9th - 12th Grade

Used 38+ times

Wills and Estate Planning
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

George signed a document giving his wife permission to act on his behalf during his illness. Which term identifies the type of document George signed?

Common law

Power of attorney

LAWYER

Executrix

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mary was in a serious car accident. She lost the ability to think on her own. She is forced to change her will by her brother. The courts can revoke the new will because she did not have what?

Capacity

Consideration

Inheritance

SOUND MIND

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gillespie decides that he wants to create a will. He writes the will in front of a lawyer and his assistant. What are the lawyer and the assistant considered?

Witnesses

Guarantors

BEQUEST

DEVISE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bobby bought a beach home this past summer and wants to add it to his will. What legal document must be completed for this change?

Codicil

BEQUEST

DEVISE

HEIR

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fred dies. His son becomes representative of the estate. What must his son do after inventorying, assembling, preserving, and appraising it?

Give public notice of the estate.

Spend the money in the estate.

Sell off all assets in the estate.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A DOCUMENT THAT IS SIGNED DURING YOUR LIFETIME THAT DISTRIBUTES YOUR PROPERTY UPON DEATH

WILL

POWER OF ATTORNEY

BEQUEST

TESTATE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

DOCUMENT TO SUPPLEMENT OR CHANGE AN EXISTING WILL

CODCIL

WILL

INTESTATE

EXECITRIX

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