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car worth $15,000, various investments worth $600,000, and other
personal assets worth $25,000. (Points : 1)
A trust
A will
An estate
Probate
None of the above
uestion 18.18. (TCOs 6 and 7) The definition of a will is that it is
(Points : 1)
a synonym for a letter of last instruction.
a synonym for a prenuptial agreement.
a legal document authorizing someone to act on your behalf.
the legal declaration of a person's mind as to the disposition of his
or her property after his or her death.
a legal arrangement through which your assets are held by
someone.
Question 19.19. (TCOs 6 and 7) Which is a will that leaves everything
to your spouse when you die? (Points : 1)
A stated dollar amount will
A traditional marital share will
An exemption trust will
A simple will