Exam 50: Trusts and Wills

Dan, a widower, dies intestate. He leaves two surviving children, Joe and Carrie, and two grandchildren who are children of his deceased daughter, Debra. If Joe and Carrie each take one-third of his estate and the grandchildren each take one-sixth of the estate, this is described legally by the statement that:

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

The executor or administrator does not occupy a fiduciary relationship with regard to the estate.

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

Which of the following is true regarding property distribution upon a person's death intestate?

A trust for the establishment and maintenance of a museum would be a charitable trust.

Which of the following is true about a constructive trust?

Which of the following is/are considered to be conduct to invalidate a will?

Testamentary capacity refers to:

Renunciation is a statutory right of a surviving spouse to give up her statutory share in the estate.

A completely handwritten will is valid only if witnessed.

All of the following may, in general, revoke a will by operation of law EXCEPT:

A stepchild will not ordinarily inherit under intestacy statutes unless legally adopted.

An express trust is a trust:

Under what conditions do courts impose a constructive trust?

An amendment to a will is called a(n):

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