What are the advantages of estate planning for a client? What documents would you include in an estate plan?
What will be an ideal response?
Answers will vary, but estate planning can result in a tax savings, give a client "peace of mind" about final affairs, ensure that family and friends take/receive gifts, etc.
Documents will vary but will likely include wills, trusts, powers of attorney, health care documents, etc. Some estate plans may involve the client making inter vivos gifts.
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Indicate whether the statement is true or false
Design for supply chain is ______.
A. the process of designing a product so that it matches up well with the capabilities of a firm’s supply chain members B. the process of designing the supply chain so that it is capable of producing inputs to the primary firm C. the process of designing the product so that it can be easily transported through the supply chain D. the process of locating the firm so that suppliers are located close to the firm
The cash budget is derived exclusively from the sales and production budgets
Indicate whether the statement is true or false
For assets traded in an efficient market, the diversifiable risk can be eliminated through diversification
Indicate whether the statement is true or false