There are_________steps to implement Philanthropy Planning and the first step is__________.
A . Three, Gift Design
B . Three, Discovery
C . Four, Gift Design
D . Four, Discovery
Answer: D
In context to Workmen’s Compensation Act, any claim for the compensation should be made within _________ of the occurrence of the accident or from the date of death.
In context to Workmen’s Compensation Act, any claim for the compensation should be made within _________ of the occurrence of the accident or from the date of death.
A . 6 months
B . 10 months
C . 1 year
D . 2 years
Answer: D
Estate tax is also called ________
Estate tax is also called ________
A . Succession Tax
B . Voluntary Tax
C . Involuntary Tax
D . Transfer Tax
Answer: B
What is a ‘CestuquieTrust’?
What is a ‘CestuquieTrust’?
A . It is a Trust created for People with Minor children.
B . It is a Trust created by people in high-liability occupations
C . It is the person for whose benefit the property is transferred.
D . It is another name for ‘Deed of Trust’
Answer: C
__________ is an influential person who knows you favorably and agrees to introduce or
__________ is an influential person who knows you favorably and agrees to introduce or
recommend you to others.
A . Centre of Influence
B . Attorney
C . Commercial Bank Officer
D . Property Agent
Answer: A
A High Net Worth Individual (HNI) should hold at least _______ in liquid financial assets.
A High Net Worth Individual (HNI) should hold at least _______ in liquid financial assets.
A . $1 million
B . $5 million
C . $10 million
D . $50 million
Answer: A
What does ‘T’ in ‘SWOT’ stands for?
What does ‘T’ in ‘SWOT’ stands for?
A . Trends
B . Time
C . Threats
D . Trust
Answer: C
Which of the following statement(s) about Bequest is/are correct?
Which of the following statement(s) about Bequest is/are correct?
A . All except (iv)
B . All except (iii)
C . All (i),(ii),(iii) and (iv)
D . None of (i),(ii),(iii) and (iv)
Answer: B
There are__________ methods of Business valuation.Out of these methods,___________ method applies discount rate to determine the valuation of the business.
There are__________ methods of Business valuation.Out of these methods,___________ method applies discount rate to determine the valuation of the business.
A . Two, Discounted Cash Flow
B . Three, Discounted Cash Flow
C . Two, Income method
D . Three, Income method
Answer: C
Which of the following statement(s) about Estate Planning is/are correct?
Which of the following statement(s) about Estate Planning is/are correct?
A . (i),(ii),(iii) and (iv)
B . Only (iii)
C . (iii) and (iv)
D . Only (ii)
Answer: D