LAW CHP9 Flashcards
H wrote a will leaving everything to his son. When H dies, his wife
a. automatically takes title to the mansion house, in spite of the will.
b. can elect to take against the will, and may be able to take the mansion house.
C will receive nothing, unless she can prove the will is invalid.
d. will receive two-thirds of the estate, in spite of the will.
b. can elect to take against the will, and may be able to take the mansion house.
W died intestate. She is survived by her husband and her daughter from a previous marriage. What share of W’s estate is her husband entitled to?
a. $20,000, plus half of the remainder of the estate
b. $60,000, plus one-third of the remainder of the estate
C. half of the entire estate
d. one-third of the entire estate
a. $20,000, plus half of the remainder of the estate
When property escheats, the title
a. passes to the heirs.
b. passes to the next of kin.
c. reverts to the remainderman.
d. reverts to the state.
d. reverts to the state.
A valid will must be made by a testator who
a. has property to dispose of.
b. is married.
C. is of sound mind and memory.
d. is survived by someone.
C. is of sound mind and memory.
If one dies intestate, married with two children, what does the spouse (who is the natural parent of the children) receive?
a. Nothing, the kids get it all.
b. the first $60,000
c. $60,000, plus one-third of the remainder of the estate
d. the entire estate
d. the entire estate
The issue in a will contest is
a. the issue of holography.
b. the validity of the will.
c. whether the testator was married.
d. whether to appoint an ancillary trustee.
b. the validity of the will.
Your role as a real estate salesperson in property held by an estate is
a. advisory.
b. probate avoidance.
C. to help the heirs to buy cheap.
d. to list property the executor or administrator has the power to sell.
d. to list property the executor or administrator has the power to sell.
Real property given in a will is
a. always subject to all encumbrances.
b. called a devise.
C. subject to adverse possession by the administrator.
d. usually worthless.
b. called a devise.
One appointed by the court to distribute the assets of an estate is called a(n)
a. administrator.
b. executor.
C. intestate.
d. trustee.
a. administrator.
The process of escheat
a. allows the next of kin to take title to real property.
b. allows the surviving spouse to elect against the will.
C. can exist only when there are no next of kin and the decedent had no will.
d. determines to whom and in which order the estate will be distributed.
C. can exist only when there are no next of kin and the decedent had no will.
A valid will in Ohio needs two witnesses who
a. are not related to each other or to the testator.
b. can read and write.
C. have no interest in the will.
d. sign in the presence of each other and the testator
d. sign in the presence of each other and the testator