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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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.
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.