Exam 50: Trusts and Decedents Estates

Which of the following conduct would be likely to invalidate a will?

The holder of legal title to the property in a trust is the:

A trust created by will at the death of a testator is called a(n):

Ordinarily, the attorney who drafts the will may not serve as a witness to the will.

Nuncupative wills are generally enforceable.

A statement signed by the required number of witnesses who observe the execution of a valid will is called a(n):

A completely handwritten will is valid only if witnessed.

A totten trust involves a bank account opened by the settlor of the trust.

If Hana pays the purchase price for property and takes title in the name of Thalia, a constructive trust is formed with Thalia being treated as the trustee.

Name the special types of wills.

The executor or administrator occupies a fiduciary relationship with regard to the estate.

In most states, a trustee's investment decisions are usually governed by:

A will is presumed to be irrevocable unless the power to revoke is expressly stated.

For a memorandum to be incorporated into a will, which of the following conditions must be met?

A will entirely in the handwriting of the testator is called a will.

A trust can only be created by a written document, although no particular words are necessary.

In what cases do courts impose a constructive trust?

Which of the following statements about wills is correct?

For soldiers on active duty and sailors at sea:

Of the following elements, which one is NOT required to create an enforceable trust?