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

Once made, a will cannot be changed or canceled.

Some statutory provisions allow certain relatives to override the will's terms and receive more of the estate than the will provided.

A holographic will as long as it was written entirely by the decedent’s own hand, signed by him or her, and not witnessed is recognized in all states.

A codicil need not be executed with the same formalities as a will.

A trust created for the fulfillment of an altruistic purpose is known as a spendthrift trust.

A resulting trust is formed when the entity intended to receive the benefit of an express trust cannot do so.

The creator of a trust is known as the trustee.

A trust created in accordance with directions in the will of a decedent is labeled a testamentary trust.

The female maker of a will is properly called

A court-appointed male personal representative overseeing an estate is called

In most states a person under age 18 does not have

A will only takes effect

If proclaimed during the maker's last illness or by service personnel on active duty, some states will recognize

The party for whose benefit the trust is managed is the

A trust created during the lifetime of the settlor is

The trust that protects the beneficiary's interest in the subject property from the beneficiary's creditors is

A constructive trust is a type of

Because he was unable to write, just prior to his death Oscar called his son and daughter to his bedside. Both his doctor and nurse were there when Oscar clearly told them his desires for the division of his estate after this death. Oscar created a

Marla has two living children, David and Al, who each have two children. Her daughter Amy was killed in an automobile accident last year and left three surviving children. Marla wants her will to specify that her children and grandchildren equally split her estate. Which of the following terms matches her desires?

When Betty died, her children could find no evidence of a will. The probate court, therefore, had the power to settle Betty's extensive estate and appointed Jerry to take charge of Betty's property. Jerry is the

Which of the following statements regarding the revocation of a will is not true?

Skip has an estate valued at more than $2,000,000 and would like to transfer some of the property to his attorney with clear instructions as to how this property is to be managed during and after his life for the benefit of his wife and children. To do this Skip will want to create a(n)

Included in Chuck's will are provisions for the creation of a trust after his death for the benefit of his two handicapped children. By these provisions Chuck has provided for the creation of a(n)