The English Statute of Frauds requires all wills of real and personal property must to be written.

Distributions from a Roth IRA are tax free.

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.