Which type of will is typically written by an attorney to ensure compliance with state requirements?

Prepare for the Metro Brokers Exam with flashcards and multiple choice questions. Each question is accompanied by hints and explanations. Get ready for your certification!

A formal will is typically drafted by an attorney to ensure that it meets all the legal requirements of the state in which it will be executed. This type of will often involves specific language, formatting, and signing procedures that comply with state laws. Attorneys who create formal wills provide a level of assurance that the document is legally sound and less likely to be contested after the testator's death.

In contrast, a holographic will is usually hand-written and may not require witnesses, but it can lead to ambiguity and potential legal issues if it does not comply with state laws. A nuncupative will is an oral will, often made in cases of emergency or where the individual is unable to write one, and its validity is dependent on specific state statutes which can vary greatly. Similarly, an oral will lacks the formal structure and verification process that a formal will provides, making it a less reliable option for ensuring a person's wishes are honored after their death.

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