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Understanding Wills and Probate

Authored by Jamie Herberger

Business

12th Grade

Used 8+ times

Understanding Wills and Probate
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13 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a will also known as?

Beneficiary document

Living trust

Final statement

Last will and testament

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What legal process validates a person's will?

Authentication

Probate

Verification

Certification

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is typically appointed to distribute the deceased's property?

Guardian

Beneficiary

Executor

Lawyer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens if you die without a will?

It remains undistributed

It goes to a charity

It is distributed according to state laws

Your property is auctioned

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can a will designate besides asset distribution?

Your pension plan

Your social media passwords

Guardians for children

Your preferred memorial statue

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for dying without a will?

Intestate

Testate

Unwilled

Will-less

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of will is written by hand?

Living will

Joint will

Holographic will

Testamentary will

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