Question: 57) Herbert's will is missing the section revoking any earlier wills. A young lawyer prepared the will and made this oversight. What dangers are present
57) Herbert's will is missing the section revoking any earlier wills. A young lawyer prepared the will and made this oversight. What dangers are present because of this omission? A) The probate process will slow down tremendously. B) Multiple wills make a mess out of the probate process. C) There may be a prior conflicting will. D) It could be many years before the heirs receive their inheritance. E) All of the above 58) The unlimited gift tax exclusion for medical or education expenses can only be gifted to which of the following? A) Blood relatives B) Your biological children C) Anyone regardless to how they are related to you D) Siblings E) None of the above
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