estate planning

Front

set of instructions to leave to one's survivors.

Back

will

Front

tells people what to do if will's writer is unable to make decisions due to illness or injury.

Back

living will

Front

what happens if you do not designate a power of attorney?

Back

the court may do it for you

Front

bequeathed assets will be...

Back

taxed

Front

what question will planning not answer? Options: wills and trusts, power of attorney, assigning guardians, estate tax percentage

Back

estate tax percentage

Front

If you are to inherit large assets, what must you do? Options: you have to announce it before the court, you have to pay taxes on them, you have to give it to the bank, you have to share it.

Back

You have to pay taxes on them.

Front

In recent years, the threshold at which estate tax starts has varied considerably.

Back

True

Front

enables others to make decisions for you.

Back

power of attorney