Which of the following is not a reason to have a will?
A) You may want your spouse to receive all your assets.
B) States may mandate that assets be given to elderly parents only if they can demonstrate that they need the money.
C) Important friends are entitled to nothing without a will.
D) The will can provide for tax advantaged trusts.
E) All of the above are reason for which to have a will.
Correct Answer:
Verified
Q13: To bypass a bothersome,costly procedure that exposes
Q14: Separate legal entities in which a third
Q15: What is the maximum federal estate tax
Q16: Which of the following is not a
Q17: Which of the following is irrelevant to
Q19: A revocable trust:
A)Can be changed by the
Q20: What is intestate?
A)Dying without a will.
B)Preparing a
Q21: When children are under 18,
A)The first $800
Q22: Which of the following does not take
Q23: What are the fourteen steps of estate
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