Reference no: EM133854859

Question

Ricardo wrote and executed a will but neglected to name an executor of his estate. All of his property, real and personal, is located in the state where he lived his entire life and where he died.

1. Which of the following will be appointed by the court to handle problems and immediate needs of the estate administration?

a. a special administrator b. an ancillary administrator c. an administrator de bonis non d. a public administrator

2. If Ricardo's will had named his daughter, Estrella, as executrix of his estate, the court's authorization for her to act as such would have been Letters Testamentary.

a. True b. False

3. Estrella has the option to choose informal probate, in which case she will not be required to file notice to interested parties and will not be supervised by the probate court.

a. True b. False

4. Which of the following is not one of Estrella's duties in administering Ricardo's estate?

a. distributing the assets that Ricardo held in joint tenancy with his second wife

b. collecting and preserving Ricardo's probate assets

c. paying all debts and claims against Ricardo's estate

d. opening a checking account at Ricardo's bank in her name for the estate

5. Which of the following should be Estrella's last act as the personal representative of Ricardo's estate?

a. paying all federal and state estate taxes due from Ricardo's estate

b. petitioning the court for discharge as personal representative

c. distributing the estate in compliance