Disposable income is that income a person has after paying all taxes and expenses for a given period of time.

Question 1          Disposable income is that income a person has after paying all taxes and expenses for a given period of time.

a) True

                b) False

Question 2          A gift is transfer of property from the donee to the donor without consideration.

                a) True

                b) False

Question 3          Intestate describes someone who has died with a valid will.

                a) True

                b) False

Question 4          A person designated in the will to be the personal representative is known as the general administrator.

                a) True

                b) False

Question 5          To probate a will, the petition will be filed with the court in the state where the decedent was domiciled at the time of his or her death.

                a) True

                b) False

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