Question 1
Which of the following is not listed in the textbook as a reason people use to not execute a will?
◦ Cost
◦ Not enough assets to need a will
◦ Probate court will automatically divide assets to the benefactors
◦ Belief that spouses or children will automatically inherit their assets
Question 2
Having a will and associated documentation bundled together is known as:
◦ Execution of will
◦ Estate planning
◦ Title to property
◦ Trust