Estate Planning Quizzes-The individual or trust institution

Answer to Quiz

The individual or trust institution designated in a will to administer the estate of a deceased individual is called:

Answer: (b), executor
An "executor" is an individual or trust institution designated in a will to administer the estate of a deceased individual.

Next Quiz:

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

Word of the Day

Intrastate Offering

An "intrastate offering" is an offering of securities solely to residents of one...