Statements about living trust is true

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Reference no: EM132196329

1. Which of the following statements about a living trust is true?

A. It can be challenged for undue influence.

B. It reduces the grantor's income taxes.

C. It is usually less expensive to set up than a will.

D. It reduces estate taxes more than a will.

E. It is subject to property division on divorce.

2. A will or trust may be found to be _______________ if it was made because of undue influence on the testator. Undue influence is difficult to_______________, but it may be___________________________.

A. valid; prove by direct evidence; proved by circumstantial evidence

B. valid; prove by clear evidence; proved by cogent evidence

C. invalid; prove by direct evidence; proved by circumstantial evidence

D. invalid; prove by circumstantial evidence; proved by direct evidence

E. valid; show in a court of law; shown in a court of equity

3. In 1990, in Cruzan v.Director, Missouri Department of Health, the U.S. Supreme Court ruled that the right to ________________ is a personal liberty protected by the?__________________ of the U.S. Constitution. The Court stated that this interest must be expressed? _______________ that the patient did not want to be sustained by artificial means.

A. refuse to make a will; Due Process Clause; beyond a reasonable doubt

B. an attorney; police power clause; through clear and convincing proof

C. refuse medical treatment; supremacy clause; by a preponderance of the evidence

D. disinherit your children; Due Process Clause; through clear and convincing proof

E. refuse medical? treatment; Due Process Clause; through clear and convincing proof

Reference no: EM132196329

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