Question

Which of the following leads to the break-up of an estate?

A) Death-related costs
B) Deflation
C) Proper use of vehicles of transfer
D) High liquidity of assets
E) Availability of a will

Answer 1

The availability of a will can lead to the break-up of an estate if the deceased person did not leave one. State intestacy laws will determine how the assets are passed in that case.

Step-by-step explanation:

The break-up of an estate can be caused by the availability of a will. If a deceased person dies without having a will and/or trust established, their assets will be passed based on state intestacy laws. Additionally, a will can be easily challenged in court, which can lead to the break-up of an estate.