Principles of Estate Planning Ch. 1: Introduction to Estate Planning UPDATED
ACTUAL QUESTIONS AND CORRECT ANSWERS
Which of the following statements correctly describes A) Estate planning can provide financial support and security for spouses,
what estate planning can accomplish? partners, children, and other dependents.
A) Estate planning can provide financial support and
security for spouses, partners, children, and other
dependents.
B) Estate planning is needed only for individuals with
estates that exceed $11,180,000.
C) Estate planning ensures that the courts will select
proper guardians and conservators to manage an
incapacitated person's affairs.
Which of the following situations does not constitute the D) When the resolution of controversial or uncertain questions of law is required
unauthorized practice of law? in an actual case.
A) When a nonlawyer is both a specialist and an
acknowledged expert in the field.
B) When legal rules are applied to specific client
situations.
C) When a statute or legal interpretation has become so
well known and settled that no further legal issue is
involved.
D) When the resolution of controversial or uncertain
questions of law is required in an actual case.
ACTUAL QUESTIONS AND CORRECT ANSWERS
Which of the following statements correctly describes A) Estate planning can provide financial support and security for spouses,
what estate planning can accomplish? partners, children, and other dependents.
A) Estate planning can provide financial support and
security for spouses, partners, children, and other
dependents.
B) Estate planning is needed only for individuals with
estates that exceed $11,180,000.
C) Estate planning ensures that the courts will select
proper guardians and conservators to manage an
incapacitated person's affairs.
Which of the following situations does not constitute the D) When the resolution of controversial or uncertain questions of law is required
unauthorized practice of law? in an actual case.
A) When a nonlawyer is both a specialist and an
acknowledged expert in the field.
B) When legal rules are applied to specific client
situations.
C) When a statute or legal interpretation has become so
well known and settled that no further legal issue is
involved.
D) When the resolution of controversial or uncertain
questions of law is required in an actual case.
