FSE2930 Prof. Review - Funeral Law exam with complete solutions.
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Course
FSE 2930
Institution
FSE 2930
Define Estate.
Estate is the sum total of all of your stuff when you die, including both real and personal property.
What is the difference between an heir and a beneficiary?
An heir will receive property by probate court process. A beneficiary will receive property because he/she is named...
FSE2930 Prof. Review - Funeral Law
exam with complete solutions
Define Estate. - ANSWER- Estate is the sum total of all of your stuff when you die,
including both real and personal property.
What is the difference between an heir and a beneficiary? - ANSWER- An heir will
receive property by probate court process. A beneficiary will receive property
because he/she is named in the will. An heir will receive property by probate
court process. A beneficiary will receive property because he/she is named in the
will.
What is the difference between Testate and Intestate? - ANSWER- A person who
dies with a valid will is considered to be Testate. A person who dies without a
valid will is considered to be Intestate.
Differentiate between a revocable and an irrevocable trust fund. - ANSWER-
Revocable - the funds may be taken out and used for other purposes. Irrevocable
- the funds may ONLY be used for funeral expenses, so they may not be removed
for other purposes.
Differentiate between an executor and an administrator. - ANSWER- An Executor
is named in the will to settle the estate. An Administrator is named by a probate
court to settle the estate.
Give an example of the principle of ademption. - ANSWER- If property is not
owned by the decedent or that is no longer owned by the decedent at the time of
death, is listed in the will, it cannot be given to the beneficiary since the decedent
does not own it at the time of death. Example: If you own a car and sell it two
weeks before death, but fail to remove it from the will, it cannot be given to a
beneficiary because it isn't mine.
, If the funeral home prefers, may they attach the casket price list to the General
Price List? - ANSWER- Yes, but the casket price list is given for retention with the
General Price List
Can the funeral home offer a package price for arrangements that include the
"traditional" funeral except the deceased will be cremated instead of buried? If
the funeral home can offer this package, can they charge less for this package
then the price would be if the items were purchased separately? - ANSWER- Yes,
they can charge less for the combination then the component parts, as
McDonald's charges less for value meals then for the component parts.
List the 3 situations for which the funeral home can charge for embalming. -
ANSWER- 1. Family request; 2. Required by law (usually for disinfection
purposes); 3. If you are unable to contact the family and have no reason to
believe the family does not wish to have embalming.
According to the Environmental Protection Agency, what is the required the water
depth to bury a body at sea? - ANSWER- 100 fathoms = 600 feet
When must the Casket Price List be offered to the consumer? - ANSWER- Prior to
or at the beginning of any discussion of caskets and prior to entering the casket
selection room.
Paraphrase the mandatory Disclosure of the Outer Burial Container Price List. -
ANSWER- In most areas of the country, outer burial containers are not required
by law. Some cemeteries do require the purchase of an outer burial container to
prevent the settling of the ground. If an outer burial container is required, we will
explain why on the statement of goods and services.
Define the Quasi-Property theory as it relates to dead bodies. - ANSWER- The
Quasi-property theory says that a dead human body does not have a monetary
value, but the disposition is of emotional and psychological value to the family.
Who must comply with the Federal Trade Commission Funeral Rule? - ANSWER-
Those who provide to the public both funeral goods and services
Define Personal property and give an example. - ANSWER- Personal Property is
everything you own that is not real property. Example: boat, car, stocks and
bonds, cash, and furnishings
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