Under Intestacy Laws, If a Decedent Has No Heirs, Then

question 20

Multiple Choice

Under intestacy laws, if a decedent has no heirs, then the property of his or her estate

• A) passes to a person designated by a probate court.
• B) reverts to the state.
• C) devolves to a preselected charity.
• D) is held in trust for future beneficiaries.

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Definitions:

College Textbooks

Books required for courses by college students, often characterized by high prices, which are influenced by specialized content and small print runs.

Supply

The total amount of a good or service available for purchase at any given price level in a given market.

Price

The amount of money required to purchase a good or service, determined by factors such as supply and demand, production costs, and market competition.

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Individuals and companies engaged in the extraction of coal from the earth.