Grady Perdue Has Assets Worth $1,500,000 and Has Written a Legal

question 74

Multiple Choice

Grady Perdue has assets worth $1,500,000 and has written a legal document that specifies that all of his money go to his children.After he dies,there is a legal process to determine whether his document specifying how his assets be divided is valid.This is also the legal process by which his executor manages and distributes his property.What is this legal process called?

• A)Estate
• B)Will
• C)Trust
• D)Probate
• E)Terms of distribution

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