Vidyalelo
Commerce · Q744

Insurance

Graduate and Post Graduate · Commerce · question 744

Q744

Estate planning would take care of devolution of one’s estate soon after his

A.
Illness
B.
Birth
C.
Marriage
D.
Death
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Estate planning is the preparation of tasks that serve to manage an individual's asset base in the event of their incapacitation or death. The planning includes the bequest of assets to heirs and the settlement of estate taxes.