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Author Question: As you get older and accumulate wealth, it is important to keep abreast of (Read 95 times)

bucstennis@aim.com

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on: Apr 14, 2019

Question 1

In setting goals for estate planning, you should consider all of the following 
except


◦ creating a will.
◦ waiting until just the right time to engage in planning.
◦ establishing a plan for trusts or gifts.
◦ determining the need for a living will.

Question 2

As you get older and accumulate wealth, it is important to keep abreast of


◦ gift tax laws in order to avoid potential estate taxes.
◦ estate tax laws regarding the tax free estate limits.
◦ tax law regarding use of trusts to avoid estate taxes upon your death.
◦ You should consult an attorney who specializes in estate planning routinely about All of these factors.
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by bucstennis@aim.com on Apr 14, 2019

jennafosdick

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Reply #1 on: Apr 14, 2019
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bucstennis@aim.com

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Reply #2 on: Apr 14, 2019
Thanks


jennafosdick

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Reply #3 on: Apr 14, 2019
Welcome :)


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