A will's main purpose is to provide instructions for the distribution of assets and property after the testator's death.

Joint tenancy is a form of property ownership, not a type of trust.

The person who creates a will is known as the testator.

The executor's primary responsibility is to distribute assets as specified in the will.

Probate is the legal process of administering and distributing a deceased person's estate.

Trusts are typically not used to reduce income taxes.

The person who receives property or assets from a will is known as the beneficiary.

Living trusts are not testamentary trusts, as they are created during the grantor's lifetime.

A nuncupative will is an oral will made in the presence of witnesses.

While it is possible to leave assets to a pet in a will, it is not a common provision.

A codicil is a legal document that modifies or amends an existing will.

Testamentary living trusts are not a type of living trust.

A will contest is a legal challenge to the validity of a will.

The death of a beneficiary is not a common reason for revoking a will.

The person who is appointed to manage a trust is known as the trustee.