BUSN 380 STUDY Learn Do Live /busn380study.com BUSN 380 STUDY Learn Do Live /busn380study.com | Page 116
Probate
None of the above
Question 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
Question 20.20. (TCOs 6 and 7) If you formulate a will using your
own handwriting, this is called a(n) (Points : 1)
signature will.
formal will.
holographic will.