Which of the following would be a source of instant liquidity upon the death of an estate owner?
A) Debts payable to the estate
B) A life insurance policy on the estate owner's life, payable to the estate
C) A home
D) Bank certificates of deposits"
Ans: B) A life insurance policy on the estate owner's life, payable to the estate
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As you develop your long term personal financial plan, consideration of purchasing disability insurance and paying the premiums is very important when
A) you are raising a family and have significant financial responsibilities. B) you are nearing retirement and want to protect your net worth. C) you begin collecting social security as a way to supplement your retirement income. D) you begin to feel ill.
In sensitivity analysis, the task of differentiating between a fact and an opinion can also be characterized as calculation of ________ polarity
Fill in the blanks with correct word