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June 3, 2024

Wills, trust, estates #1

1. What is the purpose of estate planning?

2. List at least three alternatives to a will for transferring property.

3. What is the difference between term and whole life insurance?

4. What is the purpose of estate administration?

5. What is the function of the personal representative?

6. What is a will contest?

7. What is the generic name of the court having jurisdiction over a decedent’s estate?

8. What determines which state has primary jurisdiction over a decedent’s estate?

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