Question

Rose makes out a will in which Steve is appointed to administer the will. After Rose...

Rose makes out a will in which Steve is appointed to administer the will. After Rose dies, Steve cannot administer the will, and a court appoints Terry to handle the probate of the estate. In this situation, the executor is

a. Ross
b. Steve
c. Terry
d. The Court

Paul makes a gift of real estate in his will to Orly. This is

a. a legacy
b. a devise
c. a residuary
d. a bequest

In his will, Jason leaves $10,000 to each of his three children. However, after Jason dies and all his debts are paid, there is only $9,000 left in his estate. Each child will receive

a. $500
b. $3,000
c. $1,000
d. $10,000

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

a. under no circumstances
b. if Jill signs it, at least three witnesses sign it, and it is filled in the appropriate state or county office
c. if Jill signs it, without more
d. if Jill signs it and at least three witnesses sign it

Homework Answers

Answer #1

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  1. Rose makes out a will in which Steve is appointed to administer the will. After Rose dies, Steve cannot administer the will, and a court appoints Terry to handle the probate of the estate. In this situation, the executor is “STEVE”. As per the law after rose dies Steve must be considered as the executor of the will and the court appointed Terry to verify all the documents in order to be sure.

The correct option is (B) “Steve”.

2. Paul makes a gift of real estate in his will to Orly. This is “ Devise”.

Whenever someone gifts or transfers his/her property to someone is termed as a Devise.

The correct option is (B) “Devise”.

3. In his will, Jason leaves $10,000 to each of his three children. However, after Jason dies and all his debts are paid, there is only $9,000 left in his estate. Each child will receive a sum of “$3000”. As after clearing all of his debts a sum of $9000 is left and should be distributed equally among 3 legal hires as Jason didn't have a will.

The correct option is (B) “$3000”.

4. 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 "Under no circumstances". As The handwritten will is considered to be valid only when it is “dated” and “signed by at least 2 witnesses” and also if it is filled in the appropriate state or county office.

The correct option is (A) “under no circumstances”.

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