When you are involved in ________ planning,you are planning for your eventual death and the distribution of your wealth to your heirs.
A)prenatal
B)beneficiary
C)estate
D)actuarial
E)none of the above

Question

Quizplus · Accepted Answer

Estate planning involves preparing for the transfer of one's assets to their beneficiaries after death. It typically involves the creation and updating of a will, as well as considering different strategies for minimizing taxes and maximizing asset protection. Prenatal planning relates to preparing for the birth of a child, while beneficiary planning involves designating individuals or organizations to receive assets after death. Actuarial planning involves predicting and managing financial risks using statistical analysis.

When You Are Involved in ________ Planning,you Are Planning for Your