Planning should:
a. be flexible
b. evolve gradually
c. be simple
d. all of the above
d
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Which provision will pay a portion of the death benefit prior to the insured's death due to a serious illness?
A) Cash surrender B) Nonforfeiture C) Return of premium D) Accelerated death benefit
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A buyer purchased a property for $200,000 and made capital improvements of $50,000. The buyer should the property for $325,000. The capital gains would be:
A. $50,000. B. $75,000. C. $2000,000. D.$350,000.
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