Exam 31: Wills and Trusts

A testator may revoke a will by intentionally tearing it.

Meryl's daughter Nixie dies before Meryl, leaving Nixie's son Orman. On Meryl's death, it is learned that her will gives "to my daughter Nixie my farm near Pratt, Kansas." Most likely, the gift of the farm will lapse in part.

Jade signs an advance health directive that states what medical treatment may be used after a serious accident or illness. She indicates that she wants certain lifesaving procedures to be undertaken unless the treatment will not result in a reasonable quality of life. This is

Jill handwrites what she intends to be her will on a blank sheet of paper in ink. If Jill has capacity, this "will" is valid

Tom executes a will in which he leaves everything to his spouse, Victoria, and in which he appoints Warren to administer his estate. This must be signed by

Regina handwrites her entire will on a legal pad. This will is

Lani is asked to serve as a witness to Mona's will. To qualify, Lani must​

According to the terms of Donna's will, specific gifts are made, and taxes and other estate expenses and debts are paid. The assets of her estate that remain are

A will can be partially revoked.

Ralph creates a trust by his will for the benefit of Stella and her family to come into existence on Ralph's death. This is

A will is required to be in writing only if real property is being transferred.

Elizabeth authorizes Frieda to act on Elizabeth's behalf when she becomes incapacitated. Frieda will be able to write checks, collect insurance proceeds, and otherwise manage Elizabeth's affairs. This is

Kendall executes a separate written instrument to amend her prior will. This separate document is​

A testator is a decedent who dies without a will.

A married person who makes a will generally cannot avoid leaving a certain portion of the estate to the surviving spouse.

A will can be an informal document and need not follow state requirements.

To "publish" a will means to record it in the appropriate county office.

A living trust is created by a grantor during his or her lifetime.

A gift of real estate other than by will is a devise.

A codicil is a clause in a will affirming an administrator's testamentary capacity.