Which of the following is a risk management tool that can be used to offset the risks associated with anticipated gifts?
A)Precautionary savings.
B)Diversification of retirement savings.
C)Maintaining close relationship with asset owner.
D)Less cyclical equity assets.
E)None of the above.

Question

Quizplus · Accepted Answer

Maintaining a close relationship with the asset owner can help manage the risks associated with anticipated gifts by providing ongoing communication and updates about any changes or potential risks to the gift. This can also help ensure that the gift is executed according to the donor's wishes. Precautionary savings, diversification of retirement savings, and less cyclical equity assets are not directly related to managing the risks associated with anticipated gifts.

Which of the Following Is a Risk Management Tool That