Discuss whether you think it is better to execute a regular durable power of attorney or a springing power of attorney
What will be an ideal response?
A springing power of attorney becomes effective only upon determination by a doctor that the principal is incapacitated. This puts a burden on the agent to get the principal to a doctor and to have the doctor provide a written determination that the principal is incapacitated before the agent can act. A regular durable power of attorney should be used unless the principal does not have a close friend or family member who they trust to appoint to act immediately.
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A jury that cannot reach a verdict is said to be ___________________.
Fill in the blank(s) with the appropriate word(s).
Answer the following statements true (T) or false (F)
1. The difference between a charitable remainder annuity trust and a “charitable remainder unitrust” is that the fair market value of the trust property percentage is not fixed for the life of the beneficiary. 2. “Charitable lead trusts” are another form of revocable trusts. 3. In a charitable lead trust, the grantor donates cash or some other income-producing asset to a revocable trust. 4. The “cy pres doctrine” allows a court to find a charity with either the same or similar to give the charitable trust income and principal. This occurs when the original charity identified by the grantor no longer exists. 5. Trustors goals are most often general, as trusts are poor instruments to address specific goals.
A paralegal is likely to perform all BUT which one of the following tasks during the divorce process?
A) assist the supervising attorney during the trial B) draft, sign, and file Complaints for Divorce C) assemble the Exhibit Notebooks for the attorney, opposing counsel, and the court D) research and draft appellate briefs
All officials in administrative agencies are elected to their posts
Indicate whether the statement is true or false