
Understanding Intestacy Laws and Asset Distribution
Interactive Video
•
Business, Religious Studies, Social Studies
•
University
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
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7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term used for a person who has passed away without a will?
Testator
Beneficiary
Decedent
Executor
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the absence of a will, who typically inherits the assets if there is a surviving spouse but no children?
The state
The spouse
The parents
The siblings
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a person dies intestate with no spouse or children, who is next in line to inherit?
The siblings
The aunts and uncles
The parents
The grandparents
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which approach to intestacy law distributes assets equally among all living descendants at the same generational level?
Per annum
By representation
Per capita
Per stirpes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the per stirpes approach, how are assets distributed if a child of the decedent has predeceased them?
To the deceased child's descendants
To the state
To the surviving children only
Equally among all grandchildren
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the by representation approach differ from per stirpes?
It combines the shares of predeceased children and redistributes them equally among all descendants.
It distributes assets only to the spouse.
It gives all assets to the oldest living descendant.
It ignores the generational level of descendants.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which intestacy approach might result in a different distribution outcome compared to per capita and per stirpes?
Per annum
By representation
Per diem
Per capita
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