Exam 39: Family Law, Wills, and Trusts

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The ________ is a federal statute that provides for the automatic wage withholding of child support payments from a noncustodial parent's income.

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Which of the following is true about a marriage license?

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After the termination of a marriage,each spouse is ________.

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What is a holographic will?

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Discuss the advantages of using a living trust instead of a will to distribute properties after a person's death.

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Mr.Rolleck writes a will placing his estate in a trust upon his death.He names a local bank as trustee to administer the trust and invest its assets.The trust provides that when his grandson reaches the age of 23,the trust will terminate,and his grandson will be given legal title to the assets.Mr.Rolleck dies when the grandson is 12 years old.At the age of 23,the grandson inherits the title to the assets.What kind of trust did Mr.Rolleck create in this scenario?

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In which of the following cases is separate property considered marital property?

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A ________ is a will in which two or more testators execute separate wills that leave their property to each other on the condition that the survivor leave the remaining property on his or her death as agreed by the testators.

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Horace Holmes died at the age of 85,leaving behind all his property to Joe Baines,his butler.The news of the new will that Horace executed three months before his death naming Joe as the sole beneficiary surprised everyone.In his prior will,he had bequeathed his estate to his two daughters and three grandchildren on a per capita basis.The court took up proceedings to determine the validity of his new will because Horace's rejection of his daughters and grandchildren in his will was uncharacteristic of him.The court most likely suspected this change in his will to be a case of ________.

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Which of the following is a requirement for a common law marriage to be valid?

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The income beneficiary and the remainder beneficiary to a trust must be two different persons.

(True/False)
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The grounds for an annulment need not be proved to the court to terminate a marriage.

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What is a codicil?

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Bob and Clara were married for 22 years when they died in a car crash,without leaving behind a will.They had no surviving children,but they were close to many of their living relatives.According to the Uniform Simultaneous Death Act,how would the couple's properties be distributed following their death?

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A minor's act of legally separating from his or her parents and providing for himself or herself is known as ________.

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When a person dies,a(n)________ is the person appointed to administer an estate during its settlement phase.

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An engagement can be broken off prior to the wedding.

(True/False)
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An individual cannot renounce an inheritance if the mortgages against that property exceed the value of the property.

(True/False)
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Which of the following is true of a living trust?

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A(n)________ is a declaration of how a person wants his or her property to be distributed upon death.

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