• Wrong document? Swap it for free
  • Written by students who passed
  • Immediately available after payment
  • Read online or as PDF
Sell
Where do you study
Your language
Document preview thumbnail
Preview 2 out of 5 pages
Exam (elaborations)

LGS Exam 2 Questions with Correct Answers Latest Update 2025/2026

Document preview thumbnail
Preview 2 out of 5 pages

LGS Exam 2 Questions with Correct Answers Latest Update 2025/2026 last will and testament - Answers written, legal document expressing intent on what you want done with your possessions; only effective after your death two witnesses to 1. sign 2. signature has to be notarized - Answers two requirements for the last will and testament to be legal? must be rewritten and signed - Answers what must happen if the last will and testament is revoked? - Probate of will - Answers document is presented to the court to confirm it is a valid will; will upon death - 7 months - Answers about how long does it take to go through a probate of will? executor - Answers handles estate process of will 6 months - Answers how long is the claims period (where the estate stays open)? Letters Testamentary - Answers document received by person appointed as executor & signifies the estate is open bond and inventory - Answers if the will is in place, what 2 things are not required? inventory - Answers documentation of assets bond - Answers insurance policy securing the estate when there is no will upon death - Answers when is the administration of the estate used? Administration of the estate/interstate - Answers submit bond and file inventory; estate goes in newspaper administrator - Answers handles estate process letters of administration - Answers document received to appoint administrator and opens estate the distribution is not your choice, the spouse and others gets a percentage - Answers what happens to your belongings if there is no will upon death? Power of Attorney - Answers legal written document that appoints someone to take care of you and your assets; only effective when you are still alive & have become incapable/ incapacitated; is revocable 1. Durable (main) 2. Medical - Answers What are the two types of power of attorney? durable power of attorney - Answers handles everything about me & my affairs/money medical power of attorney - Answers person who is giving another individual the power to make health care decisions for them guardianship - Answers document appoints person to take care of person

Content preview

LGS Exam 2 Questions with Correct Answers Latest Update 2025/2026

last will and testament - Answers written, legal document expressing intent on what you want
done with your possessions; only effective after your death

two witnesses to

1. sign

2. signature has to be notarized - Answers two requirements for the last will and testament to
be legal?

must be rewritten and signed - Answers what must happen if the last will and testament is
revoked?

- Probate of will - Answers document is presented to the court to confirm it is a valid will; will
upon death

- 7 months - Answers about how long does it take to go through a probate of will?

executor - Answers handles estate process of will

6 months - Answers how long is the claims period (where the estate stays open)?

Letters Testamentary - Answers document received by person appointed as executor & signifies
the estate is open

bond and inventory - Answers if the will is in place, what 2 things are not required?

inventory - Answers documentation of assets

bond - Answers insurance policy securing the estate

when there is no will upon death - Answers when is the administration of the estate used?

Administration of the estate/interstate - Answers submit bond and file inventory;

estate goes in newspaper

administrator - Answers handles estate process

letters of administration - Answers document received to appoint administrator and opens
estate

the distribution is not your choice, the spouse and others gets a percentage - Answers what
happens to your belongings if there is no will upon death?

Power of Attorney - Answers legal written document that appoints someone to take care of you
and your assets;

, only effective when you are still alive & have become incapable/ incapacitated;

is revocable

1. Durable (main)

2. Medical - Answers What are the two types of power of attorney?

durable power of attorney - Answers handles everything about me & my affairs/money

medical power of attorney - Answers person who is giving another individual the power to make
health care decisions for them

guardianship - Answers document appoints person to take care of person

Conservatorship - Answers document appoints person to protect assets

the power of attorney - Answers what does guardianship and conservatorship take place
through?

no - Answers are you required to have a living will?

Living Will/Advanced Director/ DNR (do not resuscitate) - Answers Express intent on whether
you want to be kept alive in certain circumstances

DNR - Answers not really done today

Federal Form of Government (10th Amendment) - Answers State and federal gov't share powers
under US Constitution

1. Privileges and Immunities

2. Full Faith and Credit - Answers Clauses under State Power?

1. Commerce - Answers Clause under Federal Power?

Privileges and Immunities Clause - Answers Ensures citizens in every state the same privileges;
businesses also

Full Faith and Credit Clause - Answers assures citizens that our legal documents & records are
given the same faith/credit state to state;

civil matters only

Commerce Clause - Answers gives fed gov't the power to regulate all commerce (good and
services) that cross state lines

Interstate Commerce - Answers trade between two or more states

Document information

Uploaded on
November 25, 2025
Number of pages
5
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$11.49

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
joshuawesonga22
3.6
(15)
Sold
143
Followers
2
Items
15836
Last sold
4 hours ago




Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions