Author Question: Co-trustees serving simultaneously must act unanimously in most jurisdictions. a. True b. ... (Read 60 times)

Coya19@aol.com

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Co-trustees serving simultaneously must act unanimously in most jurisdictions.
 
  a. True
  b. False

Question 2

Compare and contrast the three broad categories of wills.
 
  What will be an ideal response?



kalskdjl1212

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Answer to Question 1

a

Answer to Question 2

Wills fall into three broad categories: formal, holographic, and nuncupative.
A formal will is a written will, subscribed and acknowledged by the testator and witnessed by individuals who are not beneficiaries under the will. The number of witnesses required is a matter of state law, generally two or three. A holographic will is handwritten by the testator. It must be signed and dated; witnesses are not required. A nuncupative will, an oral will be made by one on his or her deathbed, is sometimes referred to as a soldier's will.



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