Which of the Following Equations Is Incorrect

question 17

Multiple Choice

Which of the following equations is incorrect?

---

Definitions:

Grantor

An individual or entity that grants or transfers an interest in real property to another through a deed or other legal instrument.

Health-Care Powers

Legal authority granted to an individual (through a document or decree) to make medical decisions on behalf of another person.

Living Trust

A trust created by the grantor (settlor) and effective during his or her lifetime.

Intestacy Law

Legal provisions that govern the distribution of a deceased person's estate when they die without a valid will, determining how assets are allocated among survivors.