Will Jones Has Created a Will That Leaves Everything to His

question 137

Multiple Choice

Will Jones has created a will that leaves everything to his wife except an exemption amount of $2 million.This exemption amount passes into a trust.What type of will has Will created?

• A)simple
• B)traditional marital share
• C)exemption trust
• D)stated dollar amount
• E)living

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Definitions:

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Franklin D. Roosevelt, the 32nd President of the United States, who served four terms from 1933 until his death in 1945 and led the country through the Great Depression and World War II.

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A New Deal legislation passed in 1933 aimed at boosting agricultural prices by reducing surpluses. It provided financial assistance to farmers who reduced crop acreage.