Jerry had the following provision in his will: I, Jerry Smith, give to Larry Smith if he survives me the sum of $10,000 to be paid from my Bank of America bank account number 1234353535. This is an example of which of the following?
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Oral trusts can be enforceable.
Oral trusts can be enforceable.
A tenant in common has a right of survivorship such that the…
A tenant in common has a right of survivorship such that the interest of one tenant in common passes to the other tenant in common upon their death.
A testament refers to an instrument that disposes only of pe…
A testament refers to an instrument that disposes only of personal property.
The Statute of Uses prescribed burning, tearing, or otherwis…
The Statute of Uses prescribed burning, tearing, or otherwise destroying as the way to revoke a will.
A joint will can be for two or more people.
A joint will can be for two or more people.
The homestead exemption is designed to protect families who…
The homestead exemption is designed to protect families who own or rent residence(s).
Term life insurance develops cash value.
Term life insurance develops cash value.
The sole trustee of a trust can also be the sole beneficiary…
The sole trustee of a trust can also be the sole beneficiary of that trust.
Which of the following provides period payments for a specif…
Which of the following provides period payments for a specified term?