PLST 235 Test 4 Liberty University
- Paralegals are not allowed to assist the personal representative because it is considered giving legal advice.
- Most testators excuse the personal representative’s bond.
- A will may:
- The abbreviated “administrator c.t.a” stands for:
- The personal representative’s actual duties are necessarily broad, so they can carry out their duties.
- The personal representative is also called the beneficiary.
- Which of the following is not listed as a means of notice served to interested parties?
- The probate petition needs to have all of the following except:
- Which is not one of the steps included in a small estate settlement?
- Informal probate occurs when:
- When the attorney concludes that the estate must be probated through formal administration, what is needed?
- Witnesses:
- All IRS forms may be found online at the IRS’s government website.
- Form 706 is the primary return form for federal estate taxation and the most important tax form. It must be filed:
- The right of a beneficiary to disclaim or refuse a gift of property is best done:
- Estates, being a taxable entity, must also have Employer Identification Number.
- The American Taxpayer Relief Act of 2012 allows for an estate to not to have to pay state estate taxes if under $5.43 million.
- Which of the following is not considered an administrative expenses?
- Jurisdiction over a defendant or respondent to the lawsuit is obtained by service of process.
- A substitute service, giving notice of the lawsuit to the defendant, may be through the publication in a general circulation newspaper.
- All state probate courts have the same name in order to ensure the courts are all managed in the same manner across all 50 states.
- If a decedent have real property in both New Mexico and Texas, but the estate is being probated in New Mexico, what happens to the real property in Texas?
- The attorney is responsible for filing and maintaining all documents relating to each case being probated in that jurisdiction.
- In rem jurisdiction gives probate jurisdiction over:
- This Code has been adopted by several states, and “tweaked” by some states, it is a standard by which court and lawyers can look when looking for solutions to difficult questions regarding estate planning and researching arguments and strategies in will contests: