Life Estate Per Capita with Representation Domicile

Life Estate Per Capita with Representation Domicile

<p> COLLIN COLLEGE LGLA 1353 (Chap 1-4 ) INTESTACY</p><p>PART I : TERMS</p><p>Life Estate Per capita with representation Domicile</p><p>Real property Descent and distribution Escheat</p><p>Consanguinity Collaterals</p><p>Per capita Per stirpes</p><p>Advancement Common law property Heir</p><p>Disclaimer Per capita by generation Personal property </p><p>Moiety Community property Parentelic</p><p>MATCH THE FOLLOWNG DEFINITIONS TO THE TERMS.</p><p>______A person entitled to take property under the laws of .descent and distribution</p><p>______Persons who are related, but not in a lineal line, such as siblings, aunt/nephew, or cousins</p><p>______When property of an intestate passes to the state government</p><p>______Each spouse owns ½ of other spouse’s income and property acquired with that income</p><p>______Laws governing the passage of property when a decedent dies without a valid will ______Movable things or intangible things that can be owned</p><p>______Land, things growing on land, and structure attached to the land</p><p>______A gift made during life, but intended as an early distribution of donee’s share of the donor’s estate</p><p>______A permanent home to which a person intends to return even when living elsewhere k.____ intestate shares are divided between paternal and maternal ancestors and/or collaterals</p><p>1 ______Renunciation of an interest in decedent’s property</p><p>______A portion of the whole (usually ½)</p><p>______Each spouse owns his/her own entire income and the property purchased with it</p><p>______An estate in property lasting for the life of a designated person</p><p>______Sharing a blood, or biological, relationship</p><p>______Method of distribution in which distributees in each subsequent generation take equal shares following an initial division at the generation closest to decedent with living members</p><p>______Method of distribution in which distributees take shares by right of representation at the generation closest to decedent that has living members</p><p>______Method of distribution in which distributees takes shares by right of representation through the generation closest to the decedent</p><p>______Method of distribution in which all distributees receive an equal share</p><p>PART II. SHORT ANSWER:</p><p>1. Which of the following is NOT TRUE with respect to inheritance rights between an adopted child and his/her parents (CHECK ANY ORALL THAT APPLY)?</p><p>_____ An adopted child may always inherit through biological parents</p><p>_____ An adopted child may inherit through adoptive parents, but not from collateral relatives of the adoptive parents.</p><p>_____ Adoptive parents may always inherit through a child who was adopted while a minor.</p><p>_____ An adopted child may inherit from his adoptive parents and all relatives, except in some States which do not always permit inheritance by a child adopted during adulthood</p><p>2. A disclaimer that satisfies tax code requirements to avoid making a taxable gift is </p><p> called a ______disclaimer.</p><p>2 3. Distribution of personal property is controlled by the law of the state where decedent’s</p><p>______is located.</p><p>4. Descent of real property is governed by the law of the state where decedent’s </p><p>______is located.</p><p>5. A laughing heir is a person who:</p><p>_____ Is a member of collateral line that is remotely related to an intestate</p><p>_____ Receives an advancement that turns out to be larger than the intestate share he/she would have been entitled to without the advancement</p><p>_____ Takes under intestacy when a decedent’s will turns out to be invalid</p><p>_____ Receives a larger proportionate share of the estate when the per capita by generation distribution method is used, rather than the pure per stirpes distribution method</p><p>6. A half-blood relative shares what connection to the intestate ?</p><p>______</p><p>7. Under the per capita with representation method of distribution, which is the “root” generation?</p><p>_____ The closest generation to the intestate decedent which has either a surviving member or a deceased member who has living descendants.</p><p>_____ The generation closest to the intestate decedent</p><p>_____ The generation having a living member in the closest degree of relationship to intestate</p><p>_____ The closest generation to the intestate decedent which has a surviving member</p><p>8. A posthumous heir of an intestate can always inherit from his ______,</p><p> but cannot always inherit from his ______relations.</p><p>3 9. Under the pure per stirpes distribution method, intestate shares are always determined by starting at the generation, which is:</p><p>______.</p><p>10. All living distributees in a given generation receive equal shares of an intestate decedent’s property when which of the following methods is used (CHECK ALL THAT APPLY)?</p><p>_____ per capita </p><p>_____ per capita with representation</p><p>_____ per capita at each generation</p><p>_____ per stirpes</p><p> With thanks to Professor Catherine Tolliver for use of materials.</p><p>4</p>

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