Estate Planning - MC - Estate Planning Multi Choice 1 Role...

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Estate Planning – Multi Choice 1. Role of financial advisor in Estate Planning: a) FA should stay within his financial expertise b) Can offer taxation advisory c) Can offer legal advisory d) Can offer accountancy advisory e) All of above 2. Estate planning risks include: a) Financial creditors and beneficiaries financial creditors b) Former spouses of both client and beneficiaries c) Disgruntled family members of client d) Beneficiaries themselves e) All of above 3. Collective asset ownership structures: a) A key motivation is due to tax forms and solvency b) Are adversely affect by the death of a family member c) Developed to assure financial resources are structured for long-term benefit of family or community interests d) All of above 4. Non-estate asset structures: a) Include trusts and companies b) May remain assessable for social security purposes c) Protected from challenges to clients will d) Currently not accessible to clients financial creditors
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e) All of above 5. A will is a:
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Estate Planning - MC - Estate Planning Multi Choice 1 Role...

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