A letter of last instructions is a(n) :
A) legal document that authorizes another person to take over someone's financial affairs and act on his or her behalf.
B) document that precisely states the treatments a person wants if he or she becomes terminally ill.
C) written power of attorney authorizing an individual to make health care decisions on behalf of the principal when the principal is unable to make such decisions.
D) informal memorandum that is separate from a will and contains suggestions or recommendations for carrying out a decedent's wishes.
E) personal statement left for family, friends, and community that shares your values, blessings, life's lessons, and hopes and dreams for the future.
Correct Answer:
Verified
Q25: The objective of estate planning is to:
A)
Q26: A _ has no right of survivorship.
A)
Q27: A written and legally enforceable document expressing
Q28: The disposition of property involves:
A) distributing residual
Q29: An advantage of a(n) _ trust is
Q31: A trust that comes into existence only
Q32: The person setting up a trust is
Q33: The unified rate schedule applies to federal
Q34: A form of joint ownership that may
Q35: The applicable exclusion amount (AEA) from estate
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