« previous next »

Author Question: Which of the following is not considered a liability? (Read 76 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
on: Mar 2, 2019

Question 1

Power of appointment:


◦ Can be formal or informal
◦ Can be a lot or a little
◦ Can be limited or general
◦ Can be specific or general

Question 2

Which of the following is not considered a liability?


◦ Credit card debt
◦ Outstanding mortgage
◦ Cottage that does not have a mortgage
◦ Medical expenses
Wills, Trusts, and Estates Administration ¦ Herskowitz ¦ 5th Edition
Buy Test-Bank


kmb352

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Mar 2, 2019

Answer 1

Can be formal or informal

Answer 2

Cottage that does not have a mortgage


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Antoine-Laurent de Lavoisier is considered the "Father of Modern Chemistry". Antoine-Laurent de Lavoisier is considered the "Father of Modern Chemistry".
The Border Collie is considered to be one of the most intelligent breeds. The Border Collie is considered to be one of the most intelligent breeds.
Many seniors pursue new careers, education, and hobbies well beyond what used to be considered ... Many seniors pursue new careers, education, and hobbies well beyond what used to be considered ...
Every society has boundaries that divide what is considered socially acceptable from what is not ... Every society has boundaries that divide what is considered socially acceptable from what is not ...
Aging is more than biology. In some cultures, Jennifer Lopez, 43, would be considered elderly. Lopez ... Aging is more than biology. In some cultures, Jennifer Lopez, 43, would be considered elderly. Lopez ...
Sam and Jen had a tax liability of 5,115 last year. They were entitled to tax credits of 112 ... Sam and Jen had a tax liability of 5,115 last year. They were entitled to tax credits of 112 ...
Video: Electromagnetic Spectrum, Chlorophyll and Pigment & Light

For a complete list of videos, visit our video library