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Under which of the following circumstances would a decedent be considered to have died intestate?

Rosie and her brother Michael decided recently to purchase an RV together. They both want to use the RV to take their families camping. The price for the RV was $10,000. Since Michael expects to use the RV 60% of the time and Rosie 40% of the time, Michael contributed $6,000 and Rosie contributed $4,000. Their ownership percentage equals their contribution percentage. Which type of property titling must the RV be to reflect their ownership interest?

Which of the following documents empowers an administrator to act as the agent of a probate court?

Pia, age 48 and single, is working with her attorney to prepare a will. Pia currently lives in New York, but also owns homes Colorado and Florida, and wineries in California and France. Pia has two children, Patrick (age 30, lives in Minnesota and recently recovered from a gambling addiction), and Pandora (age 22, lives in Washington, D.C. and just graduated from college). Pia’s parents are both deceased, but she is close to her Uncle Albert, who is age 80 and lives nearby in New York. Which of the following is the best choice to serve as Pia’s executor?

Gus appointed his son, Jacques, age 30, as his agent for all property using a power of attorney. Gus recently passed away leaving a sizable estate which includes a number of investment accounts, real estate and retirement plans. His will names his wife, Anastasia, age 65, as his sole executrix and calls for an outright distribution to her. Anastasia is unsure if she wants this responsibility. Which of the following options are available to Anastasia?

Which of the following items will pass through probate?

Anna and her younger sister, Elsa, purchased a beach-front condominium together 15 years ago. They own the property as a joint tenancy with rights of survivorship. At the time of the purchase, Anna, being the older sister, was in a better financial position. Therefore, Anna contributed $300,000 and Elsa contributed $100,000 to the purchase price. The property is now worth $800,000. Which of the following statements is correct?

Which of the following documents is used to modify a will?

Although he has a vast fortune, Ricky has decided not to prepare an estate plan because he believes that his surviving family members will divide up his assets appropriately. Which of the following is not a risk associated with failing to plan an estate?

Making arrangements to deal with the possibility of physical or mental incapacity is an important area of estate planning. Which of the following arrangements may be used to deal with such unexpected incapacity?  A springing durable power of attorney for property. A durable power of attorney for health care. A codicil. A living will.