Tom, a citizen of South Carolina, dies without a will. Tom owns personal property in North Carolina. This personal property would pass pursuant to the intestacy laws of North Carolina even though Tom is a citizen of South Carolina.
Blog
Which of the following is not one of the three requirements…
Which of the following is not one of the three requirements of an inter vivos gift
Which of the following not listed as advantage of having a w…
Which of the following not listed as advantage of having a will in Chapter 1
All of the following is a potential advantage of a living tr…
All of the following is a potential advantage of a living trust except
The split-gift provision allows a married person to double t…
The split-gift provision allows a married person to double the amount that they can give away without tax liability.
South Carolina is a community property state.
South Carolina is a community property state.
EXTRA CREDIT (UP TO 3 POINTS) Discuss the Simultaneous Deat…
EXTRA CREDIT (UP TO 3 POINTS) Discuss the Simultaneous Death Act.
Pursuant to the Uniform Simultaneous Death Act what happens…
Pursuant to the Uniform Simultaneous Death Act what happens when the only stated beneficiary of a life insurance policy dies simultaneously with the insured
Please discuss insurance as an estate planning tool. Also, d…
Please discuss insurance as an estate planning tool. Also, discuss the difference between term, whole life, limited-payment, and universal life insurance.
Bethlehem Hospital was often referred to by local residents…
Bethlehem Hospital was often referred to by local residents as “Bedlam.” In its current use, the term bedlam refers to which characteristic of the old hospital?