On what types of legal documents would you find beneficiary designations? Why is a contingent beneficiary important?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
The types of legal documents on which you would find beneficiary designations in...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
What is a beneficiary? A contingent beneficiary? Explain why its essential to designate a beneficiary for your policy.
-
Identify types of legal documents for which electronic signatures are not valid and explain why the law excludes these.
-
Explain the following beneficiary designations. a. Primary and contingent beneficiary b. Revocable and irrevocable beneficiary c. Specific and class beneficiary
-
Shelby Company has an available production capacity of 180,000 hours. This can be used to produce 3 products in any combination. The total fixed cost is 180,000. Other information is as follows: X Y...
-
Collect examples of ads that rely on the use of metaphors or resonance. Do you feel these ads are effective? If you were working with the products, would you feel more comfortable with ads that use a...
-
Two or fewer out of eight offspring are tall. Suppose that the allele A for height is dominant, meaning that plants with genotypes AA and Aa are tall, while those with genotype aa are short. If an Aa...
-
Setting the right price for a product is an important business decision. If the product is priced too high, the demand could be very low. Set the price too low, demand may be high, but we are...
-
Cash Flow Hedge Hart Golf Co. uses titanium in the production of its specialty drivers. Hart anticipates that it will need to purchase 200 ounces of titanium in October 2010, for clubs that will be...
-
On June 1, 2025, Concord Company sold some equipment for $23800. The original cost was $81800, the estimated salvage value was $9200, and the expected useful life was 8 years. The equipment was fully...
-
The following transactions of Jacks Auto Supply occurred in November (Balances as of November 1 are given for general ledger and accounts receivable ledger accounts: Danielson $1,100 Dr.; Wallace...
-
How does joint tenancy with rights of survivorship (JTWROS) reduce probate fees? What are the disadvantages of JTWROS?
-
What is a trust? Describe the features and benefits of an inter vivos trust. What are the disadvantages? What is the difference between a revocable and an irrevocable inter vivos trust?
-
On Tuesday, January 19, 1988, IBM reported greatly increased earnings for the fourth quarter of 1987. Despite this reported gain in earnings, the price of IBMs stock on the New York Stock Exchange...
-
What is the difference between executive and independent agencies?
-
Courts generally defer (yield) to an agencys factual judgment on a subject within the agencys area of expertise. (True/False)
-
Michael and Barbara wanted to set up a $150,000 trust fund to provide funds for their grandson, Tanner, to attend Eastern State University or a similar accredited institution. What type of trust...
-
After the death of his wife, Thorne executed a will that transferred all of his assets to a trust for the benefit of his only daughter, Evelin. Later, Thorne married Dyan. Fourteen months into the...
-
An agreement between competitors to fix prices is a per se violation of antitrust law. (True/False)
-
Problems 7786 are based on material learned earlier in the course. The purpose of these problems is to keep the material fresh in your mind so that you are better prepared for the final exam. Express...
-
Akramin just graduated with a Master of Engineering in Manufacturing Engineering and landed a new job in Melaka with a starting salary of RM 4,000 per month. There are a number of things that he...
-
1. Summarize the basic steps that occur when someone applies for credit. 2. What is a credit history, and what role do credit bureaus play in the development of your credit history? 3. What is a...
-
1. List the types of depository institutions that are sources of credit for consumers. 2. Distinguish between a sales finance company and a consumer finance company. 3. Summarize how stockbrokers and...
-
1. Identify four signs of over indebtedness. 2. List the major provisions of the Fair Debt Collection Practices Act. 3. What services are provided by a credit counseling agency, and how might a debt...
-
A 0.012-kg bullet, traveling at 850 m/s, hits a 2-kg block of wood that is initially at rest, and goes straight through it. Assume that the final velocity of the bullet relative to the block is 400...
-
Assume that Iowa Co. will receive 1,200,000 Mexican pesos in 180 days. The Mexican interest rate is 3% over 180 days and the US rate is 2% over the same period. The spot rate for the Mexican peso is...
-
After watching the video from "The Big Bang Theory, describe what was occurring in the scene. What types of listening were demonstrated. How could this conversation be improved so that both parties...
Study smarter with the SolutionInn App