A will in which each spouse leaves his or her assets to the surviving spouse.

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Multiple Choice

A will in which each spouse leaves his or her assets to the surviving spouse.

Explanation:
The concept being tested is how two spouses can coordinate their estate plans so that each one's assets go to the other upon death. When each spouse leaves assets to the surviving spouse, the arrangement is a reciprocal will (often called a mutual or mirror will). This means the two wills are drafted to work together, so the first death transfers assets to the survivor as intended and so both halves align in their disposition. A simple will is a single document outlining who inherits, but it doesn’t imply coordination with the spouse’s document. A living will deals with medical treatment decisions, not asset distribution. A testament is just another term for a will in general, not specifying the reciprocal, survivor-focused arrangement. Hence, the term that best fits the description is reciprocal will.

The concept being tested is how two spouses can coordinate their estate plans so that each one's assets go to the other upon death. When each spouse leaves assets to the surviving spouse, the arrangement is a reciprocal will (often called a mutual or mirror will). This means the two wills are drafted to work together, so the first death transfers assets to the survivor as intended and so both halves align in their disposition.

A simple will is a single document outlining who inherits, but it doesn’t imply coordination with the spouse’s document. A living will deals with medical treatment decisions, not asset distribution. A testament is just another term for a will in general, not specifying the reciprocal, survivor-focused arrangement. Hence, the term that best fits the description is reciprocal will.

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