EXTRA CREDIT (UP TO 3 POINTS) Please discuss the difference between specific legacies, specific devises, demonstrative, and a general legacy.

The attestation clause of a will is known as letters of instruction.

Wills once executed cannot be changed.

Which of the following is a gift of money from the general assets of an estate?

Which of the following are also known as mutual wills?

Which of the following is a savings account wherein the depositor acts as a trustee for another person who is entitled to the remaining money upon the death of the depositor?

Fernando is a citizen of Mexico, but is domiciled in South Carolina. The probate court in South Carolina has jurisdiction to administer Fernando’s estate.

Limited partners may not participate in managing a partnership. Thus, a limited partner’s liability for partnership debts is limited to three time the amount of their investment.

Please discuss the seven professional guidelines to avoid the pitfalls of an improperly executed will.

Which of the following is the opening statement of a will?