What is Non-probate assets?
What will be an ideal response?
Non-probate assets – all property in a decedent’s estate that do not require a proceeding to pass title to beneficiaries or heirs, i.e., pay-on-death, life insurance proceeds, tenancy with right of survivorship, property with beneficiary designations.
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IRAC stands for:
A) information, research, assessment, chronology B) issue, reasoning, assessment, conclusion C) issue, rule, analysis, conclusion D) information, rule, analysis, content
Inception of title theory is a change in the classification of an asset from separate to marital or marital to separate
Indicate whether the statement is true or false
Patents are similar to trademarks and copyrights in that they arise from use or creation and need not be registered or applied for with any government agency to be valid.
Answer the following statement true (T) or false (F)
In regard to the identification of the issue(s) in a court opinion:
A. When the case has more than one issue, follow the steps separately and completely for one issue before proceeding to identify the next issue B. The issue may be stated more clearly in a concurring opinion C. The issue may be stated more clearly in a dissenting opinion D. Look to the holding E. All of the above F. Answers a, b, and d above