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Author Question: State statue determine the order in which assets are sold to pay off debt. Which of the following is ... (Read 65 times)

JGIBBSON

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on: Mar 2, 2019

Question 1

The reduction in the sums of gifts to a beneficiary to pay the taxes and debts of the estate are known as:


◦ Apportionment clause
◦ Abatement
◦ Satisfaction
◦ Lapse Abatement

Question 2

State statue determine the order in which assets are sold to pay off debt. Which of the following is the correct order North Carolina uses?


◦ General devises, property not disposed of by the will, residuary devises, and specific devices
◦ Residuary devises, general devises, specific devices, and property not disposed of by the will
◦ Residuary devises, property not disposed of by the will, general devises, and specific devices
◦ Property not disposed of by the will, residuary devises, general devises, and specific devices
Wills, Trusts, and Estates Administration ¦ Herskowitz ¦ 5th Edition
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Marked as best answer by JGIBBSON on Mar 2, 2019

amy.lauersdorf90

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Reply #1 on: Mar 2, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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JGIBBSON

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Reply #2 on: Mar 2, 2019
Excellent


amy.lauersdorf90

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Reply #3 on: Mar 2, 2019
Great! Please up vote :D


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