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

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Prepare effectively for the New York Watch, Guard, or Patrol Agency (WGP) License Exam. Utilize challenging multiple-choice questions and quizzes to test your knowledge and readiness. Get comprehensive insights and strategies to succeed in your licensing exam!

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

Intestate
Testate
Irrevocable Trust
Revocable Trust

The correct answer is: 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.