Why is life insurance potentially useful in estate planning matters?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
Life insurance is not normally subject to income ...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
1. Did Graves have an insurable interest in the life of Norred following the discontinuance of the partnership? 2. Was Graves required to remit the proceeds of the insurance to Norreds estate? 3. Can...
-
Life insurance policies have different characteristics. For each of the following, identify the life insurance policy that meets the description: a. A policy where the face amount of insurance...
-
1. Should Lee and Marta be concerned about probate? Why or why not? 2. What should Lee and Marta include in a letter of last instructions? 3. Help the Howards understand the differences between...
-
Record the following transactions in Journal. Post them into ledger and prepare a Trial Balance. Jan 1; Jan 2; Jan 10 Jan 15 Jan 20 Jan 28 Jan 31 Started business with cash Rs. 80,000 Bought...
-
Lopez Corporation uses straight-line depreciation for financial reporting purposes but an accelerated method for tax purposes. Is it acceptable to use different methods for the two purposes? What is...
-
Healthy Times produces four types of frozen TV dinners that it sells to supermarkets and independent grocery stores. The company operates from two locations: a manufacturing plant and a refrigerated...
-
Take the product of the perturbation velocity equation given by Eq. (17.53) by any component of the perturbation velocity. This results in an equation for \(v_{x}^{\prime} v_{y}^{\prime}\), which is...
-
Apachi Company ended its fiscal year on July 31, 2011. The companys adjusted trial balance as of the end of its fiscal year is as shown at the top of page 186. Instructions (a) Prepare the closing...
-
1. Three objects each with charge Q and mass M are placed a distance L apart to form an equilateral triangle. (a) Calculate the force between any two of the objects. (b) Calculate the electric field...
-
You are a newly licensed immigration consultant, working in a firm with others. Your firm has asked you to assist Maryam Helou Tannous with an inland application for permanent residence based on...
-
Morris didn't understand why he should set up a bypass trust. He said that without a trust, upon his death the $6,000,000 in assets in his name could go to his wife free of estate tax. Why should he...
-
What are the strengths and weaknesses of a durable power of attorney?
-
Determine whether the quantitative variables are discrete or continuous. (a) The number of heads obtained after flipping a coin five times. (b) The number of cars that arrive at a McDonalds...
-
Which one of the following statements is true? a) The South is the most heavily unionized section of the country. b) There are very few right-to-work states in the South. c) New York is the most...
-
Deregulation of the trucking industry resulted in __________. a) many more firms and lower prices b) many more firms and higher prices c) fewer firms and lower prices d) fewer firms and higher prices
-
Repeat Problem 6.6 using the Gauss-Seidel iterative method. Which method converges more rapidly? Problem 6.6 Using the Jacobi iterative method. Start with \(x_{1}(0)=\) \(x_{2}(0)=x_{3}(0)=0\), and...
-
__________________ is the main arena of the power struggle between labor and management.
-
If the minimum wage were eliminated, the employment of marginal workers would _________. a) rise a lot b) rise a little c) stay exactly the same d) fall a little e) fall a lot f) fall by an...
-
Why is instant messaging or texting more popular among young adults than making phone calls?
-
The cost curve for the city water supply is C(Q) = 16 + 1/4 Q2, where Q is the amount of water supplied and C(Q) is the cost of providing Q acre-feet of water. (An acre-foot is the amount of water...
-
Credit Period Length in each of the following pairings, indicate which firm would probably have a longer credit period and explain your reasoning. a. Firm A sells a miracle cure for baldness: Firm B...
-
Credit Period Length in each of the following pairings, indicate which firm would probably have a longer credit period and explain your reasoning. a. Firm A sells a miracle cure for baldness: Firm B...
-
Inventory Types what are the different inventory types? How do the types differ? Why are some types said to have dependent demand whereas other types are said to have independent demand?
-
You own a Triplex and are renting each unit for $1029/month Expenses will be 45% of gross rent Vacancy rate is 5% You will also have additional income by charging $25/month/unit for each unit's use...
-
Calculate this by using this formula: Break-Even Point = Fixed Costs / (Sale Price per Unit - Variable Costs per Unit): Existing Process Metrics: Workforce: 5 employees Output Rate: 60 fittings per...
-
What is your estimate of the total charge, in dollars, for concrete transportation for this project? Your answer should be rounded to the nearest 1000. Do not enter a $ sign. Hint: There are 1000...
Study smarter with the SolutionInn App