Find who needs to develop an estate plan children who may

Assignment Help Finance Basics

Reference no: EM13477627

1. The government has passed an important law that protects employees who participate in aprivate pension plan. This law is known as the

A. Employee Pension Protection Act.

B. Employee RETIREMENT INCOME Act.

C. Pension Benefit Guaranty Act.

D. Pension and RETIREMENT INCOME Act.

2. Who needs to DEVELOP an estate plan?

A. Children who may inherit wealth in future

B. Only very wealthy people

C. Only married couples

D. Anyone that wants to control the disposition of assets upon death

3. Your real and personal property that can be transferred according to the terms of a will iscalled your

A. gross estate.

B. net estate

C. Probate estate.

D. estate.

4. Your probate estate includes

A. assets held in REVOCABLE TRUSTS out of your control.

B. all assets, real and personal, that are owned in the name of the decedent.

C. all assets in which the decedent had any direct or indirect beneficial interest.

D. only intestate assets.

5. LIFE INSURANCE could alleviate estate problems caused by

A. inflation.

B. disabilities.

C. improper management.

D. lack of liquidity.

Reference no: EM13477627

Questions Cloud

Calculate his likely cash balance or deficit for the end of : philip morris is excited because sales for his clothing company are expected to double from 500000 to 1000000 next

Eaton tool company consists of fixed costs of 200000 sells : eaton tool company has fixed costs of 200000 sells its units for 56 and has variable costs of 31 per unit.a. compute

What is the definition of this diseasedisorder and what are : 1.what is the definition of this diseasedisorder and what are common signs and symptoms of this disorder?2.what is the

Why do some businesses have separate data warehouse and : why do some businesses have separate databases and a data warehouse? why wouldnt most businesses have just one large

Find who needs to develop an estate plan children who may : 1. the government has passed an important law that protects employees who participate in aprivate pension plan. this

What role does depreciation play in the break-even analysis : question 1 discuss the various uses for break-even analysis.question 2 what role does depreciation play in break-even

How was he able to cut through social norms and provide : discuss the social and moral taboos within william kleins work. what image or images of his appeal to your sensibility

The specimens collected primarily from the emergency room : later that afternoon preliminary culture results from 17 ill students became available. the specimens collected

Explain how much external financing will the firm have to : axle supply co. expects sales next year to be 300000. inventory and accounts receivable will increase by 60000 to

User Account

All Pages