- All Exams Instant Download
You are an estate planner. A couple has jointly owned company. They have three children out of which one is disabled. As an estate planner, which Estate planning would you suggest to the couple, so as to enable them to transfer wealth efficiently to their children.
You are an estate planner. A couple has jointly owned company. They have three children out of which one is disabled. As an estate planner, which Estate planning would you suggest to the couple, so as to enable them to transfer wealth efficiently to their children.A . Life Insurance PolicyB...
Estate planning as a process includes?
Estate planning as a process includes?A . Accumulation of an estateB . Conservation of an estateC . Distribution of an estateD . All of the aboveView AnswerAnswer: D
______________ does not divest the policy holder of his rights in the policy and he retains
______________ does not divest the policy holder of his rights in the policy and he retains disposing power over it.A . AssignmentB . NominationC . ReinsuranceD . TransferringView AnswerAnswer: B
_________ is the most appropriate method for donors who prefer to make gifts at the end of their life and _________ is the most appropriate method for donors who prefer to give gifts during their lifetime.
_________ is the most appropriate method for donors who prefer to make gifts at the end of their life and _________ is the most appropriate method for donors who prefer to give gifts during their lifetime.A . Bequest and Outright GiftB . Outright Gift and BequestC . Family Foundation and...
The maximum gratuity payable as per Payment of Gratuity Act is __________.
The maximum gratuity payable as per Payment of Gratuity Act is __________.A . Rs. 2,50,000B . Rs.3,00,000C . Rs. 10,00,000D . Rs.4,00,000View AnswerAnswer: C
Estate Planning Process is eight-step procedure that a manager has to follow.
Estate Planning Process is eight-step procedure that a manager has to follow. The Eight Steps are as given below (not in any order) The correct order isA . (i)-(ii)-(iii)-(iv)-(v)-(vi)-(vii)-(viii)B . (ii)-(i)-(iii)-(iv)-(vi)-(vii)-(viii)-(v)C . (ii)-(i)-(iii)-(iv)-(vi)-(vii)-(v)-(viii)D . (ii)-(i)-(iii)-(iv)-(vi)-(v)-(vii)-(viii)View AnswerAnswer: B
More than_______ in wealth classifies the person as “Ultra HNI”
More than_______ in wealth classifies the person as “Ultra HNI”A . $1 millionB . $10 millionC . $50 millionD . $100 millionView AnswerAnswer: C
Estate planning has _________ steps.
Estate planning has _________ steps.A . TwoB . ThreeC . FourD . FiveView AnswerAnswer: D
___________ is the submission of a disputed matter to an impartial person.
___________ is the submission of a disputed matter to an impartial person.A . MediationB . NegotiationC . ArbitrationD . LitigationView AnswerAnswer: C
___________ is appropriate for donors who want to see their charitable dollars at work during their lifetimes.
___________ is appropriate for donors who want to see their charitable dollars at work during their lifetimes.A . BequestB . Family FoundationC . Outright giftD . Charitable Remainder TrustView AnswerAnswer: C
