Simon and Diana have asked Simon's brother Jeff to look after their estate administration in the event of their passing. What is the title that would apply to Jeff if they both pass before their Will(s) are signed and witnesses? 1) Executor 2) Administrator 3) Attorney 4) Guardian

Simon and Diana have asked Simon's brother Jeff to look after their estate administration in the event of their passing. What is the title that would apply to Jeff if they both pass before their Will(s) are signed and witnesses? 1) Executor 2) Administrator 3) Attorney 4) Guardian

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter15: Preserving Your Estate

Section: Chapter Questions

Problem 3FPE

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Concept explainers

Reasons for Estate Planning

Planning is a process that helps decide in advance about future activities and operations. Planning helps to draft the procedures by identifying, analyzing, and designing how to work, when to work, by whom should be done, and what has to be done. It is the primary step followed by a person, business organizations, institutions, companies, etc.

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Executor

Administrator

Attorney

Guardian

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