James Fitzwater Has Created a Will That Leaves Exactly $2

question 15

Multiple Choice

James Fitzwater has created a will that leaves exactly $2 million to his wife in anticipation of her income needs.What type of will has James created?

• A)Simple
• B)Traditional marital share
• C)Exemption trust
• D)Stated dollar amount
• E)Living will

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Definitions:

Reverse Communication

A communication flow where information moves from the lower levels of a hierarchy to the upper levels, often used to gather feedback or inputs from employees.

Communication Strategy

A plan that outlines how to communicate effectively within an organization or between organizations.

Secrecy And Control

Practices of limiting information access and exerting authority to manage operations or information flow within an organization.

Withhold And Uphold

Refers to the dual act of keeping certain information or actions back while maintaining or defending certain principles or standards.