Estate planning involves:
A) considering how your wealth can be most effectively passed on to your heirs.
B) payment of all back taxes to ensure minimum tax liability.
C) the dissolution of all privately held corporations by filing bankruptcy under Chapter 13.
D) the valuation and auctioning of your valuables by hiring a professional tax planner.
E) planning for retirement and obtaining medical insurance.
Correct Answer:
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A)career.
B)insurance.
C)investment.
D)taxes.
E)retirement.
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A)physical assets
B)intangible assets
C)fixed
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A)determine
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