Asked by Teesean Patterson on Jun 11, 2024
Verified
Which of the following is a comprehensive,uniform law that is intended to update and unify state law concerning the disposition and administration of property at death?
A) Uniform Probate Code
B) Uniform Estate Planning Code
C) Uniform Testate and Intestacy Code
D) Uniform Estate Administration Code
Uniform Probate Code
The Uniform Probate Code is a set of laws designed to simplify the process of transferring assets at death and to standardize probate proceedings across different jurisdictions.
State Law
The body of law enacted by individual states in the United States, as opposed to federal law which is enacted by the federal government.
Disposition
The act of disposing, selling, or transferring property or assets, often as part of a legal settlement or estate management.
- Explain the significance of the Uniform Probate Code and related uniform laws in estate planning and administration.
Verified Answer
JP
Julisa PerezJun 12, 2024
Final Answer :
A
Explanation :
The Uniform Probate Code (UPC)is a comprehensive,uniform law that has been enacted in its entirety in 16 states.The remaining states have adopted portions of the UPC.It is intended to update and unify state law concerning the disposition and administration of property at death.
Learning Objectives
- Explain the significance of the Uniform Probate Code and related uniform laws in estate planning and administration.