Match Each Statement with a Correct Choice

question 85

Short Answer

Match each statement with a correct choice. Choices may be used more than once.
a. Increases the probate estate
b. Decreases the probate estate
c. Has no effect on the probate estate
-Created during lifetime an irrevocable trust in which a life estate is retained with remainder interest passing to the children.

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Definitions:

Past Time Viewpoint

Referring to events or states of affairs that happened in the past, often used to give background or context in narratives.

Present Tense

A verb tense that expresses actions or states occurring at the current moment.

Proven Conclusions

Outcomes or results that are verified and accepted as truth following rigorous testing or experimentation.

Transitional Phrase

A transitional phrase is a word or group of words used to link sentences and paragraphs together smoothly, indicating the relationship between them.