1. What capacity must people have in order to make valid wills? 2. 2. What are...
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1. What capacity must people have in order to make valid wills? 2. 2. What are two common restrictions on the right to dispose of property by will? 3. What characteristics distinguish a will from other legal instruments? 4. What is the difference between ademption and abatement? 5. What is probate? 6. What if no beneficiary survives to inherit an estate? 7. a. What is the difference between distributing 8. property per capita and per stirpes? When would a per stirpes distribution be required? 9. what are two ways in which the duties of an administrator differ from those of an executor? 10. Must the grantor, trustee, and beneficiary of a trust all be different people? 11. What formalities must be followed to create a testamentary trust? 1. What capacity must people have in order to make valid wills? 2. 2. What are two common restrictions on the right to dispose of property by will? 3. What characteristics distinguish a will from other legal instruments? 4. What is the difference between ademption and abatement? 5. What is probate? 6. What if no beneficiary survives to inherit an estate? 7. a. What is the difference between distributing 8. property per capita and per stirpes? When would a per stirpes distribution be required? 9. what are two ways in which the duties of an administrator differ from those of an executor? 10. Must the grantor, trustee, and beneficiary of a trust all be different people? 11. What formalities must be followed to create a testamentary trust?
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Capacity for Making Valid Wills In order to make a valid will individuals generally need to have testamentary capacity which means they must possess the mental capacity to understand the nature of the... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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