Lolly Employs a Variety of Will Substitutes to Transfer Her

question 11

Multiple Choice

Lolly employs a variety of will substitutes to transfer her assets,which consist principally of cash and investments in mutual funds,outside the probate process.In this situation,the most important consideration is to

• A)avoid the cost of probate.
• B)ensure that the arrangements benefit the intended persons.
• C)establish grounds for a court's review of the arrangements.
• D)follow the same principles as apply to testamentary transfers.

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