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Which of the Following Is Not a Method of Assessment

question 54

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Which of the following is not a method of assessment?


Definitions:

Intestate Succession

The process by which the property of a deceased person is distributed by law to heirs when that person dies without a valid will.

Heirs

Individuals legally entitled to receive property from a deceased person's estate under state intestacy laws when there is no valid will.

Probate

A legal process through which a deceased person's will is validated, and their assets are distributed according to the will or state law if there's no will.

Intestate

The condition of having died without having made a valid will, leading to the distribution of assets according to state laws.

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