Q & A: Creating a Better Will Quiz

1. A self-proving affidavit
A. ultimately simplifies will proof.
B. lets testator witness own will.
C. establishes testator's competence.

2. If you have minor children, your will should name a
A. testator.
B. guardian.
C. probate attorney.

3. Witnesses to a will must be present
A. when the testator decides on its terms.
B. when it is executed.
C. only when requested by an attorney.

4. When a person moves to another state,
A. his or her will is invalidated.
B. a new will must be executed.
C. a revised will is advisable.

5. A charitable gift without strings is
A. generally desirable.
B. best to avoid.
C. subject to tax.

6. If a person dies without a will,
A. probate is simplified.
B. all assets become state property.
C. state law determines how the estate will be divided.

7. Jointly owned property generally
A. passes by will.
B. passes to the surviving joint owner.
C. passes to the named beneficiary.

8. A person who has a will is described as
A. testate.
B. intestate.
C. a legatee.

Now, click here to check your answers.

Please contact Mary Ludwig, Development Director at 712-732-5127, for more information.

The information on this site is not intended as legal, tax or investment advice. For such advice, please consult an attorney, tax professional or investment professional.

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