What are the benefits of naming a secondary beneficiary in a will? Check all that apply.
a) It could prevent a will from going into probate.
b) It avoids confusion if the primary beneficiary dies first.
c) It makes it less likely that there will be claims that the will is invalid.
d) It allows for another option if the primary beneficiary cannot inherit.
e) It identifies someone who can assess the value of assets in a will.
f) It ensures that someone can act on a person's behalf if he or she becomes hurt.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What are the benefits of naming a secondary beneficiary in a will? Check all that apply. a) It could prevent a will from going into ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which of the following is true of services? a. It is more difficult for consumers to evaluate the quality of products than the quality of services. b. Services are simultaneously produced and consumed. c. Services are tangible. d.
Answers (1)
Which of the following is not a limitation to monetary policy? a. Because the Federal Reserve System is made up of twelve branches, it is essentially very difficult to get a decision enacted by the Board of Governors. b.
Answers (1)
What is price elastic of supply
Answers (1)
Since most data for a given market study is not readily available, analysts must be creative in their use of data that they are able to obtain. The primary source for detailed household demographic information is not available publicly. the U. S.
Answers (1)
On January 1, 2019, Smith, Inc., has the following balances for accounts receivable and allowance for doubtful accounts: Accounts Receivable $386,000 Allowance for Doubtful Accounts (a credit balance) 4,500 During 2019, Smith had $2,895,000 of
Answers (1)
New Questions in Business
Kramer Enterprises reports year-end information from 2015 as follows: Sales (160,000 units) $960,000 Cost of goods sold 640,000 Gross margin 320,000 Operating expenses 260,000 Operating income $60,000 Kramer is developing the 2016 budget.
Answers (1)
What is purchasing process?
Answers (1)
The report of which agency states, "it is paradoxical that obesity is increasing in the us while more people are dieting than ever before, spending, by one estimate, more that $33 billion per year on weight-reduction products and services?
Answers (1)
Which of the following are inefficient markets? Select all that apply. Consumers compete for wages in a free market economy. Consumers wait in line to buy a sale television because the first to come is the first served.
Answers (1)
Which of the following statements regarding perpetuities is FALSE? A. A perpetuity is a stream of equal cash flows that occurs at regular intervals and lasts forever. B.
Answers (1)