Location of a courthouse is to venue as filing suit in the right type of court is to
A) mini-trials B) subject matter jurisdiction
C) personal jurisdiction D) arbitration
B
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Which schedules relate to
a. funeral and administrative expenses? Schedule J and b. powers of appointment? Schedule H c. insurance on the decedent’s life? Schedule D d. mortgages on the decedent’s residence? While Schedule A focuses on the real estate, Schedule K is where the mortgage is declared.
Answer the following statements true (T) or false (F)
1. An “A-B trust” is also called a credit shelter trust. 2. A “bypass trust” requires the trustor to create two trusts. 3. A “QTIP” trust is a tax provision that allows a trustor to create a trust giving a life interest of all the trust income to a surviving spouse—the remaining trust property passing to someone other than the surviving spouse upon spouse’s death. 4. In a “life insurance trust,” after the trustor creates a revocable trust, he names his trust as the named insurance beneficiary on a life insurance policy, with a beneficiary as the insured. 5. “Charitable trusts” truly do not benefit charitable organizations, but are designed to benefit individuals.
The purpose of a “modification clause” in a prenuptial agreement is to ________________________________________________________________________________.
Fill in the blank(s) with the appropriate word(s).
The principles of notice-and-comment rulemaking are derived from?
A. ?judicial decisions. B. ?the common law. C. ?the APA. D. ?the Restatement of Administrative Procedure.