Probate property typically includes the following:
A) Property owned in joint tenancy
B) Property held in a living trust
C) Real and personal property owned solely by the decedent
D) Life insurance with named beneficiaries
Correct Answer:
Verified
Q20: The legal name for an item of
Q21: A testamentary disposition is a
A) living trust.
B)
Q22: A pay-on-death (POD) account is also called
Q23: An ownership interest in property (an estate)
Q24: Property that is acquired by the personal
Q25: A living trust is also know as
Q27: Under this type of property ownership, a
Q28: Two or more persons who own an
Q29: To determine equitable distribution of community property,
Q30: Nonprobate property includes
A) jointly owned property.
B) community
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