In a Basic Will the Clause That Enables Your Executor

question 47

Multiple Choice

In a basic will the clause that enables your executor to exercise various powers in the management of your estate without the approval of the court is the ____________

• A)identification and revocation clause
• B)specific bequests clause
• C)legacies clause
• D)power clause
• E)testimonium and attestation clause

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Definitions:

Management Function

The process of planning, organizing, leading, and controlling resources to achieve organizational goals efficiently and effectively.

Performance Objectives

Specific, measurable goals set by an individual or organization to gauge the effectiveness of performance over a period.

Action Steps

Specific, measurable tasks or activities that are planned and executed to accomplish a strategic goal.

Effective Manager

Helps others achieve high levels of both performance and satisfaction.