CHAPTER 45—WILLS, INHERITANCES, AND TRUSTS Key
1. A(n) _____ is an instrument prepared in the form prescribed by law that provides for the disposition of a
person’s property and takes effect after death.
2. Which of the following best describes a testatrix?
3. Which of the following best describes a legatee?
4. _____ wills are written entirely in longhand by the testator.
5. A(n) _____ occurs when a testator makes a bequest of specific property and the estate does not have the
property at death.
6. Which of the following best describes a probate?
7. A(n) _____ arises by operation of law when one acquires title to property to which he or she cannot in good
conscience retain the beneficial interest.
8. A(n) _____ is most commonly used when a grantor, for some reason, does not want to know exactly what is
in the trust, but wants to retain the benefit of the property.
9. The person making a will is called a testator.
10. A person receiving personal property by a will is known as a devisee.
11. A woman appointed by a court to settle the affairs of an intestate is an administratrix.
12. A will may be revoked at any time during the life of the testatrix.
13. Holographic wills are oral wills declared by the testator in the presence of witnesses.
14. A codicil must be executed with all the formalities of the original will.
15. If a testator deliberately destroys the will, this constitutes a revocation.
16. An abatement occurs when a testator makes a bequest of specific property and the estate does not have the
property at death.
17. When a testator dies leaving a will, the will must be probated.
18. When a person dies intestate, the property is distributed in accordance with the state law of descent.
19. A constructive trust is also known as a purchase money trust.
20. Define express trust.