Identify and describe the following types of wills
a. Holographic
b. Nuncupative
c. Soldiers' and sailors' will
a . A holographic will is a will entirely in the handwriting of the testator. A holographic will must comply strictly with the statutory requirements for such wills.
b. A nuncupative will is an oral declaration made before witnesses without any writing. These are valid in a few jurisdictions, but usually only for limited amounts of personal property and only when made during a last illness.
c. In the case of soldiers on active service and sailors at sea, most statutes relax the formal will requirements and permit a valid testamentary disposition regardless of the informality of the document. In most jurisdictions, such a will cannot pass title to real estate.
You might also like to view...
Chinese manufacturers face rising wages because of
a. China's one-child policy. b. increased migration to the cities. c. reductions in Chinese interest rates. d. restrictions on Chinese labor unions.
A situation in which the value of the creditor's collateral is insufficient to satisfy the debt is called attachment.
Answer the following statement true (T) or false (F)
In some sales of goods, the seller is required to ship the goods to the buyer
Indicate whether the statement is true or false
What is the probability that none of the 20 new microwaves sold will require a warranty repair in the first 90 days?