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F. Answers a, b, and c
Answer: F
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Describe the federal court system
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Answer the following statements true (T) or false (F)
1. The Internal Revenue Code provides for all of the decedent's medical expenses paid from the estate within the year after the decedent's death to be treated as deductions on the tax return. 2. Even if the personal representative fails to file the proper forms in a timely manner with the Internal Revenue Service, he cannot be held personally liable. 3. QTIP stands for qualified terminable interest property 4. A form that must be filed with the Internal Revenue Service, the SS-4, provides the descendant’s estate with an identification number that is used on all correspondence with the IRS. 5. If a decedent is due a tax refund, Form 1310 must be filed by the personal representative or designee.
Name four paralegal supervisors: ____________________, ____________________, ____________________, and ____________________.
Fill in the blank(s) with the appropriate word(s).
A gift of real or personal property made in a will, although it is most commonly understood to mean a gift of real property, is a(n):
a. Devise b. Bequest c. Legacy d. Beneficiary