Under the Uniform Probate Code,the Personal Representative Must Inform the Heirs

question 25

Multiple Choice

Under the Uniform Probate Code,the personal representative must inform the heirs and devisees of his or her appointment and provide other selected information within how many days of the appointment?

• A)10 days
• B)20 days
• C)30 days
• D)60 days

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Definitions:

Proportional Tax

A tax system where the tax rate remains constant regardless of the amount subject to tax, causing taxpayers to pay the same percentage of their income irrespective of its size.

Deductions

Expenses subtracted from gross income to determine the taxable income.

Excise Tax

A tax levied on certain goods, services, and activities, such as tobacco, alcohol, and fuel, usually to discourage their consumption and raise government revenue.

Local Property Tax

A tax assessed on real estate properties, usually levied by local government entities such as cities or counties.