Probate Law: Glossary of Terms

Probate Law: Glossary of Terms

15 Questions Published

Questions

Question 1 Multiple Choice (Single Answer)

What is the legal process of administering and distributing a deceased person's estate?

  1. Probate
  2. Administration
  3. Settlement
  4. Distribution
Question 2 Multiple Choice (Single Answer)

Who is the person appointed by the court to administer the estate of a deceased person?

  1. Executor
  2. Administrator
  3. Personal Representative
  4. Trustee
Question 3 Multiple Choice (Single Answer)

What is the legal document that sets forth a person's wishes for the distribution of their property after their death?

  1. Will
  2. Testament
  3. Codicil
  4. Trust
Question 4 Multiple Choice (Single Answer)

What is the legal process of challenging the validity of a will?

  1. Probate
  2. Administration
  3. Settlement
  4. Contest
Question 5 Multiple Choice (Single Answer)

What is the legal term for the transfer of property from a deceased person to their beneficiaries?

  1. Distribution
  2. Settlement
  3. Descent
  4. Escheat
Question 6 Multiple Choice (Single Answer)

What is the legal term for the property of a deceased person?

  1. Estate
  2. Assets
  3. Probate
  4. Trust
Question 7 Multiple Choice (Single Answer)

What is the legal term for the debts and obligations of a deceased person?

  1. Liabilities
  2. Debts
  3. Obligations
  4. Encumbrances
Question 8 Multiple Choice (Single Answer)

What is the legal term for the process of determining the value of a deceased person's estate?

  1. Appraisal
  2. Valuation
  3. Assessment
  4. Inventory
Question 9 Multiple Choice (Single Answer)

What is the legal term for the process of selling a deceased person's property to pay their debts and expenses?

  1. Liquidation
  2. Sale
  3. Disposition
  4. Realization
Question 10 Multiple Choice (Single Answer)

What is the legal term for the person who receives property from a deceased person's estate?

  1. Beneficiary
  2. Heir
  3. Devisee
  4. Legatee
Question 11 Multiple Choice (Single Answer)

What is the legal term for the property that passes to a person by operation of law, rather than by will?

  1. Intestate Succession
  2. Descent
  3. Escheat
  4. Distribution
Question 12 Multiple Choice (Single Answer)

What is the legal term for the property that passes to the state when a person dies without a will and has no heirs?

  1. Escheat
  2. Intestate Succession
  3. Descent
  4. Distribution
Question 13 Multiple Choice (Single Answer)

What is the legal term for the process of transferring property from a living person to another person?

  1. Inter vivos transfer
  2. Gift
  3. Conveyance
  4. Assignment
Question 14 Multiple Choice (Single Answer)

What is the legal term for a gift made in contemplation of death?

  1. Mortis causa gift
  2. Inter vivos gift
  3. Gift in contemplation of death
  4. Testamentary gift
Question 15 Multiple Choice (Single Answer)

What is the legal term for a trust created during a person's lifetime?

  1. Inter vivos trust
  2. Testamentary trust
  3. Living trust
  4. Revocable trust