Which of the following is/are a typical cash need(s)of one's estate?

Question

Quizplus · Accepted Answer

All of the above are typical cash needs of one's estate. Funeral expenses, legal fees, outstanding debt, and estate and inheritance taxes are all examples of expenses that may need to be paid from the estate's cash reserves. It is important for individuals to plan ahead and ensure that they have sufficient cash reserves available to cover these expenses and any other potential liabilities.

Which of the Following Is/are a Typical Cash Need(s)of One's