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51.
(p. 1163)
Signatories to ______ agree to accept wills of other signatories for probate, as to matters
of form, if such wills are executed with the provisions of the convention.
52.
(p. 1155)
Which of the following is true regarding Monique's claim that Linda unfairly coerced Willy
into naming her as a beneficiary in the written will and that the written will is ineffective?
53.
(p. 1154)
Which of the following is true regarding Linda's claim that Candy was entitled to nothing
because Willy was suffering from a mental illness and did not know what he was doing when he
stated that Candy should take everything?
54.
(p. 1154)
Assuming he was of sound mind, which of the following is true regarding the effect of
Willy's statement that Candy should take everything?
55.
(p. 1159)
When a trust is terminated, which of the following is the appropriate term for a person or
entity that receives a portion of the trust corpus?
56.
(p. 1161)
Which of the following identifies the document that Gracie wanted giving Marcy the
power to handle her affairs should she become unable to do so herself?
57.
(p. 1159-1160)
Which of the following, if any, identifies the type of trust Gracie set up to
encourage her family members to go to school or work?
58.
(p. 1156)
Which of the following, if any, is the correct term for a document that changes a will?
59.
(p. 1154)
Which of the following is true regarding Bruce's statement that the revision to the will
meant nothing?
60.
(p. 1154)
Which of the following is true regarding the effectiveness of Betsy's signature?
61.
(p. 1150)
List four reasons discussed in the text as to why individuals engage in estate planning.
62.
(p. 1152-1153)
What are the four requirements needed for a valid will?
63.
(p. 1154-1155)
As set forth in the text, under what two circumstances are wills usually
contested?
64.
(p. 1158-1159)
List the two components that are usually components of trusts and discuss their
function.
65.
(p. 1159)
Wallace's only daughter, Bernice, married Donny, a young man that Wallace intensely
disliked. Wallace believes that Bernice and Donny will divorce, but perhaps not before Wallace's
death. Wallace would like to prevent Donny from obtaining any stock in Wallace's company. What
should Wallace consider?
