Faye Executes a Will in Which Gail Is Appointed to Administer

question 53

Multiple Choice

Faye executes a will in which Gail is appointed to administer the will. After Faye dies, Gail lacks the capacity to serve, and a court appoints Hedy to handle the probate of Faye's estate. In this situation, the administrator is

• A)Faye.
• B)Gail.
• C)Hedy.
• D)the court.

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Definitions:

Premium Expense

The cost associated with purchasing an insurance policy or other similar financial products.

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