Define a trust, know the meaning of the legal terms most often associated with the basic trust document, and explain the meaning of and duties involved in a fiduciary relationship.
20%
20%
20%
20%
20%
20,
20,
20,
20,
20
16.7%
Recognize the difference between testate and intestate succession, the legal requirements for valid wills, the definition and use of codicils, and how wills may be modified and revoked.
20%
20%
20%
20%
20%
20,
20,
20,
20,
20
16.7%
Identify the jurisdiction and operation of the probate court.
20%
20%
20%
20%
20%
20,
20,
20,
20,
20
16.7%
Create forms and pleading associated with most probate proceedings, and identify necessary information required in most probate proceedings.
20%
20%
20%
20%
20%
20,
20,
20,
20,
20
16.7%
Explain the rationale and basic law governing death and inheritance taxation on both the state and federal level.
20%
20%
20%
20%
20%
20,
20,
20,
20,
20
16.7%
Describe the rationale for taxing certain trusts as separate legal entities, and have a basic understanding of the forms and time deadlines involved in estate taxation.
