?What are some estate-planning devices by which a person could transfer property but avoid the time and cost of probate?
What will be an ideal response?
There are several ways in which a person can arrange to have property transferred other than by will and therefore outside the probate process. One method of accomplishing this is by establishing a living trust during his or her lifetime.A person can also arrange to hold title to certain real or personal property as a joint tenant with a spouse or other person. In a joint tenancy, when one joint tenant dies, the other joint tenant or tenants automatically inherit the deceased tenant's share of the property. (This is true even if the deceased tenant has provided otherwise in a will.)Another way of transferring property outside of the probate process is by making gifts to children or others while one is still living.Finally, to make sure that a spouse, child, or some other dependent is provided for, many people take out life insurance policies. On the death of the policyholder, the proceeds of the policy go directly to the beneficiary and are not involved in the probate process.
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Which innovation in psychological measurement involves adjusting individual responses by means of standard fragments that are generated within the context of the study?
A. developing items with anchoring vignettes B. selecting items using iterative structural equation modeling C. improving items by using cognitive pretests D. reducing faking by focusing on response styles
Answer the following statement(s) true (T) or false (F)
1. Attempting to commit a crime is a crime in itself. 2. An accessory can be tried for a crime even though the principal was acquitted. 3. It is a crime to ask another person to commit a crime. 4. When two or more people agree to commit a crime and take any action to further the crime along, even a legal action, this can be a crime. 5. When a person plans to commit a crime, this is an “attempt.”
Two hunters are out in a field near some woods hunting pheasants. Both see a man standing by the tree line. One hunter is using a 12 gauge shotgun. The other is using a 20 gauge shotgun. A pheasant takes flight toward the woods and both hunters shoot. Shot pellets from both the 12 gauge and the 20 gauge hit the man in the chest causing serious injuries. Causation will likely be resolved:
a. Using the "but for" test. b. Each hunter was a substantial factor in causing the man's injuries so both will be liable. a. Since it cannot be established which hunter's shot caused the greater injury, plaintiff cannot recover from either hunter. b. Plaintiff must choose only one hunter to sue.
The party requesting a modification must prove that there has been a substantial change in circumstances requiring a modification of the original order.
Answer the following statement true (T) or false (F)