New York Watch, Guard, or Patrol Agency (WGP) License Practice Exam

Question: 1 / 400

If a person dies without having a valid will or testament, it is known as what?

Intestate

When a person dies without having a valid will or testament, it is known as being intestate. This means that the person did not leave behind any formal instructions regarding the distribution of their assets or the care of any dependents. Option B, testate, refers to a person who has a valid will or testament. Options C and D, irrevocable trust and revocable trust, are legal instruments that can be used to manage assets during a person's lifetime, but they do not apply in the scenario of someone passing away without a will.

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Testate

Irrevocable Trust

Revocable Trust

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