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Estate Planning Quizzes
The individual or trust institution designated in a will to administer the estate of a deceased individual is called:
(a) Probate administrator
(b) Executor
(c) Heir
(d) Intestator
The document where you can appoint another person to make health care decision on your behalf is called:
(a) Will
(b) Durable Power of Attorney for Healthcare
(c) General agency agreement
(d) Health HSA Appointment
Probate determines the validity of a will.
(a) True
(b) False
Who should not be a witness to a will?
(a) Your lawyer
(b) A person named as a beneficiary under the will
(c) Your stockbroker
(d) Your accountant
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Word of the Day
Current Assets
For financial accounting purposes, the term "current assets" refers to assets on the...
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