The process of “probate” involves which of the following?
a. paying debts
b. collection of money due
c. real and personal property collected and valued
d. all of the above
d. all of the above
You might also like to view...
A loan, secured by a shopping center, which has a variable rate of interest is subject to the ARM disclosure requirements.
Answer the following statement true (T) or false (F)
An arrangement in which property is transferred by one person (the grantor, or settlor) to another person for the benefit of a third party (the beneficiary) is called a(n)
A. trustee. B. estate. C. settlement. D. trust.
People who opt for common law marriages may do so because:
A. These marriages provide additional benefits beyond an ordinary civil ceremony. B. They believe church or state intrusion will alter inheritance rights. C. They can't afford the wedding, the official for the ceremony, or the costs of license and blood tests. D. They can post-date their marriage to the beginning of their dating relationship.
Paralegals interviewing potential clients or witnesses should:
A) Stick to the forms and checklists provided by the law firm to obtain information B) Select a location for the interview that will make the client or witness comfortable C) Keep the interview short and focused on getting the information required D) All of the above