Question

Matching Questions 1. legal document that describes how you want your stuff distributed upon your death...

Matching Questions

1. legal document that describes how you want your stuff distributed upon your death

2. an individual who is appointed to receive your property

3. the person responsible for carrying out the provisions of your will

4. an individual appointed to care for children of the deceased

5. the legal procedure that validates the will and distributes the assets of the estate

6. an attachment to a will that alters or amends a portion of the will

7. an actual letter that provides instructions and/or directions relating to how to execute the will

8. a document that provides for someone to act on your behalf in the event that you become mentally incapacitated

9. a directive to a physician that allows you to state your wishes regarding decisions related to life support being administered on yourself

10. a document that designates someone to make life support decisions for you if you lose capacity to decide

11. a type of ownership limited to married couples, and property held in this manner is automatically transferred from one spouse to the other upon the death of either party

12. a type of ownership that BYPASSES the will and automatically transfers ownership from the deceased party to the joint owner     13. type of ownership where each owner owns a portion of the whole, and each owner's portion passes to each owner's heirs as per his/her estate plan 14. property acquired during marriage

15. a legal entity in which some of your property is/can be held (as opposed to being held/titled in your name), for your benefit. 16. a trust created during your lifetime

17. a trust created during your lifetime that can be changed and altered and canceled by you

18. a trust that functions to effectively remove property from your control and your name once it is placed into the trust and cannot be altered or changed by you (the 'grantor')

19. a trust that is created by your will as opposed to being created by you during your lifetime

      [ Choose ]            guardian            trust            beneficiary            will            durable health-care power of attorney            executor            codicil            living trust            community property            tenancy by entirety            testamentary trust            probate            joint tenancy with right of survivorship            tenancy in common            letter of instruction            revocable trust            living will            durable power of attorney            irrevocable trust      

Homework Answers

Answer #1

As per rules I am answering the first 4 subparts of the question

1. legal document that describes how you want your stuff distributed upon your death:

Will

The will defines how the assets will be distributed and to whom after one’s death.

2. an individual who is appointed to receive your property: beneficiary

This is the person who will get the benefits of the assets upon death of the individual.

3. the person responsible for carrying out the provisions of your will

Executor

This is the person responsible for administering the estate.

4. an individual appointed to care for children of the deceased

Guardian

This is the person who is responsible for caring for the deceased’s children.

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