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Worksheets

BL 20V

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

Person who dies.

a)

Decedent

b)

Intestate

c)

Administrator

d)

Estate

2.

To die without a will.

a)

Decedent

b)

Intestate

c)

Administrator

d)

Estate

3.

Court-appointed representative for a decedent (male/female).

a)

Decedent

b)

Intestate

c)

Administrator

d)

Estate

4.

Bundle of ownership rights in, and powers over, realty; also, property of the deceased.

a)

Decedent

b)

Intestate

c)

Administrator

d)

Estate

5.

To die with a will.

a)

Testate

b)

Will

c)

Testator

d)

Executor

6.

Legal expression by which a person directs how his or her property is to be distributed after death.

a)

Testate

b)

Will

c)

Testator

d)

Executor

7.

Maker of a will (male/female).

a)

Testate

b)

Will

c)

Testator

d)

Executor

8.

Personal representative appointed by a testator/testatrix to carry out the directions in a will (male/female).

a)

Testate

b)

Will

c)

Testator

d)

Executor

9.

Formal, written, and witnessed amendment to a will.

a)

Codicil

b)

Holographic will

c)

Nuncupative will

d)

Escheats

10.

Will written and signed entirely by the maker and not witnessed.

a)

Codicil

b)

Holographic will

c)

Nuncupative will

d)

Escheats

11.

Orally made will.

a)

Codicil

b)

Holographic will

c)

Nuncupative will

d)

Escheats

12.

Reversion of property to the state.

a)

Codicil

b)

Holographic will

c)

Nuncupative will

d)

Escheats

13.

Legal vehicle used to transfer the immediate control of property to another party.

a)

Trust

b)

Trustee

c)

Settlor

d)

Beneficiary

14.

Legal entity having title to the property named in a trust.

a)

Trust

b)

Trustee

c)

Settlor

d)

Beneficiary

15.

Creator of a trust.

a)

Trust

b)

Trustee

c)

Settlor

d)

Beneficiary

16.

Party who benefits from the acts of others; party for whose benefit a trust is managed; also, recipient of the amount to be paid under an insurance policy.

a)

Trust

b)

Trustee

c)

Settlor

d)

Beneficiary

17.

Trust created during the lifetime of the settlor.

a)

Inter vivos trust

b)

Testamentary trust

c)

Charitable trust

d)

Private trust

18.

Trust created after the death of a settlor in accordance with directions in the person’s will.

a)

Inter vivos trust

b)

Testamentary trust

c)

Charitable trust

d)

Private trust

19.

Created for the fulfillment of an altruistic purpose.

a)

Inter vivos trust

b)

Testamentary trust

c)

Charitable trust

d)

Private trust

20.

Trust created for private reasons.

a)

Inter vivos trust

b)

Testamentary trust

c)

Charitable trust

d)

Private trust

21.

Trust created to protect the beneficiary’s interest in a property from the beneficiary’s creditors.

a)

Spendthrift trust

b)

Express trust

c)

Resulting trust

d)

Constructive trust

22.

Trust in which the terms are explicitly stated by the settlor.

a)

Spendthrift trust

b)

Express trust

c)

Resulting trust

d)

Constructive trust

23.

Implied trust formed to hold property for its original owner.

a)

Spendthrift trust

b)

Express trust

c)

Resulting trust

d)

Constructive trust

24.

Created to require a person holding property to transfer it to another because retention would be a wrongful and unjust enrichment of the holder.

a)

Spendthrift trust

b)

Express trust

c)

Resulting trust

d)

Constructive trust

25.

What war did America gains its independence?

a)

American Revolutionary War

b)

Civil War

c)

World War 3

d)

World War 2