A simple will creates lower overall taxation for all individuals.

Name: A simple will creates lower overall taxation for all individuals.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A simple will does not directly affect the overall taxation for individuals; it primarily directs the distribution of an individual's assets upon their death. Taxation is determined by tax laws and the nature of the assets being inherited, not the existence of a will.

A Simple Will Creates Lower Overall Taxation for All Individuals