UPDATED ACTUAL Exam Questions and
CORRECT Answers
Define Estate. - CORRECT ANSWER - Estate is the sum total of all of your stuff when
you die, including both real and personal property.
What is the difference between an heir and a beneficiary? - CORRECT ANSWER - An
heir will receive property by probate court process. A beneficiary will receive property because
he/she is named in the will. An heir will receive property by probate court process. A beneficiary
will receive property because he/she is named in the will.
What is the difference between Testate and Intestate? - CORRECT ANSWER - A person
who dies with a valid will is considered to be Testate. A person who dies without a valid will is
considered to be Intestate.
Differentiate between a revocable and an irrevocable trust fund. - CORRECT ANSWER -
Revocable - the funds may be taken out and used for other purposes. Irrevocable - the funds may
ONLY be used for funeral expenses, so they may not be removed for other purposes.
Differentiate between an executor and an administrator. - CORRECT ANSWER - An
Executor is named in the will to settle the estate. An Administrator is named by a probate court
to settle the estate.
Give an example of the principle of ademption. - CORRECT ANSWER - If property is not
owned by the decedent or that is no longer owned by the decedent at the time of death, is listed
in the will, it cannot be given to the beneficiary since the decedent does not own it at the time of
death. Example: If you own a car and sell it two weeks before death, but fail to remove it from
the will, it cannot be given to a beneficiary because it isn't mine.
If the funeral home prefers, may they attach the casket price list to the General Price List? -
CORRECT ANSWER - Yes, but the casket price list is given for retention with the
General Price List
, Can the funeral home offer a package price for arrangements that include the "traditional"
funeral except the deceased will be cremated instead of buried? If the funeral home can offer this
package, can they charge less for this package then the price would be if the items were
purchased separately? - CORRECT ANSWER - Yes, they can charge less for the
combination then the component parts, as McDonald's charges less for value meals then for the
component parts.
List the 3 situations for which the funeral home can charge for embalming. - CORRECT
ANSWER - 1. Family request; 2. Required by law (usually for disinfection purposes); 3. If
you are unable to contact the family and have no reason to believe the family does not wish to
have embalming.
According to the Environmental Protection Agency, what is the required the water depth to bury
a body at sea? - CORRECT ANSWER - 100 fathoms = 600 feet
When must the Casket Price List be offered to the consumer? - CORRECT ANSWER -
Prior to or at the beginning of any discussion of caskets and prior to entering the casket selection
room.
Paraphrase the mandatory Disclosure of the Outer Burial Container Price List. - CORRECT
ANSWER - In most areas of the country, outer burial containers are not required by law.
Some cemeteries do require the purchase of an outer burial container to prevent the settling of
the ground. If an outer burial container is required, we will explain why on the statement of
goods and services.
Define the Quasi-Property theory as it relates to dead bodies. - CORRECT ANSWER -
The Quasi-property theory says that a dead human body does not have a monetary value, but the
disposition is of emotional and psychological value to the family.
Who must comply with the Federal Trade Commission Funeral Rule? - CORRECT
ANSWER - Those who provide to the public both funeral goods and services