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Voorbeeld 4 van de 71 pagina's
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WILLS & ESTATES LATEST QUESTIONS WITH ANSWERS (100% CORRECT ANSWERS)

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Voorbeeld 4 van de 71 pagina's

WILLS & ESTATES LATEST QUESTIONS WITH ANSWERS (100% CORRECT ANSWERS)

Voorbeeld van de inhoud

1



WILLS & ESTATES LATEST QUESTIONS WITH
ANSWERS (100% CORRECT ANSWERS)
Court judges are prohibited from being personal representatives. Answer: ANS: T


True


Correct. Noncitizens of the United States and nonresidents of the domiciliary state may be
disqualified as being unsuitable to be personal representatives.


False


Incorrect. Convicted felons and minors are also prohibited from being personal
representatives.


The personal representative is responsible for discovering, collecting, and preserving all
probate assets of any value. Answer: ANS: T


True


Correct. The personal representative must also manage the probate estate if it includes real
estate.


False


Incorrect. Although the personal representative must make a list of nonprobate assets, he/she
is not responsible for discovering, collecting, or preserving them.


If a personal representative does not possess adequate skills to discover, collect, and preserve
digital assets, he/she should hire someone who has the requisite knowledge. Answer: ANS: T


True


Correct. If the personal representative is not competent to handle this portion of the estate,
he/she should hire a third party who can assist him/her.



© 2025 All rights reserved

,2

False


Incorrect. If a personal representative is not technology competent, he/she could be held liable
for mismanagement of the estate.


When a will has been discovered, copies of the will should be prepared for the beneficiaries
and devisees. Answer: ANS: T


True


Correct. A summary of the contents of the will should also be included.


False


Incorrect. The original will must be given to the probate court.


The attorney is likely to be called in to assist in sorting out a decedent's estate before the
funeral arrangements are complete. Answer: ANS: F


False


Correct. Copies of the death certificate are obtained from the funeral director after the
attorney has been employed.


True


Incorrect. The funeral director obtains the necessary burial permits and death certificate.


Only family members should be invited to the family conference. Answer: ANS: F


False


Correct. All persons named in a will, or heirs, if there is no will, should be invited to attend.


True


Incorrect. Nonfamily members may be named in the will.



© 2025 All rights reserved

,3

Property in joint tenancy is a probate asset and should be included in the list of assets subject
to probate. Answer: ANS: F


False


Correct. Property in joint tenancy is nonprobate property.


True


Incorrect. Property in joint tenancy passes directly to the joint tenant.


During the family conference, the paralegal should ask whether the decedent made any
advancements to any beneficiaries or heirs. Answer: ANS: T


True


Correct. Such advancements could have direct bearing on the estate.


False


Incorrect. This is true in all cases.


The requirements for a bond and surety vary from state to state. Answer: ANS: T


True


Correct. State statutes may or may not require bonds.


False


Incorrect. Some states require a bond for all personal representatives.


Witnesses to a will must appear in court to testify to the validity of the will. Answer: ANS: F


False


Correct. A signed affidavit may be used to prove a will.




© 2025 All rights reserved

, 4

True


Incorrect. A self-proved will removes the need for witness testimony.


Letters of Authority must be presented to have the decedent's mail forwarded to the personal
representative. Answer: ANS: T


True


Correct. Letters of Authority are also required to withdraw funds from the decedent's bank
accounts.


False


Incorrect. Letters of Authority show that the personal representative is the authorized
representative of the estate.


While in the process of administering the estate of his deceased brother, Larry, John also
died, and his sister, Sue, having been appointed the new personal representative, is now the:


a. Administratrix cum testamento annexo


b. Public administratrix


c. Administratrix de bonis non


d. Special administratrix Answer: ANS: C


Administratrix de bonis non


Correct. De bonis non means "administrator of goods not administered." Administratrix cum
testamento annexo


Incorrect. This might have been true if John had been unqualified to serve.


Public administratrix


Incorrect. A public administrator is not a blood relative.

© 2025 All rights reserved

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