Candice Is Updating Her Estate Planning and Wants to Write

question 69

Multiple Choice

Candice is updating her estate planning and wants to write a legal document that will allow all of her assets to go to her spouse except for a certain amount that will be set up in a trust. The trust (plus interest) can provide her spouse lifelong income that will not be taxed. She is writing a(n)

• A) Exemption trust will.
• B) Guardian will.
• C) Simple will.
• D) Stated amount will.
• E) Traditional marital share will.

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Definitions:

Hox Genes

A group of related genes that control the body plan of an embryo along the head-tail axis, determining the type and position of body segments.

Bilaterally Symmetric

A form of symmetry where an organism can be divided into two equal halves on a single plane, showing mirror-image right and left sides.

Coelom

A fluid-filled body cavity in many animals, located between the intestinal canal and body wall, lined by tissue derived from mesoderm.

Ectoderm

The outermost layer of cells or tissue of an embryo in early development, giving rise to the nervous system and skin.