Author: Anonymous

Stocks and bonds owned by a decedent would reported on which of the following?

When a male is nominated in a will to serve as a personal representative they are called an executrix.

All states have enacted legislation authorizing the durable power of attorney.

Elective share is designed to protect spouses and children from being disinherited.

The Patient Self-Determination Act prohibits the use of living wills.

Federal courts do not jurisdiction to probate a will.

All personal representatives must give a bond equal to 50 times the value of the estate’s personal property.

Some states have a living will statute that explicitly forbids the withholding or withdrawal of life support from pregnant patients.

Life estate with power of appointment is one type of marital deduction trust.

EXTRA CREDIT (UP TO 3 POINTS) Please discuss living wills, health care proxies, and durable powers of attorney.