If you die without a valid will: the federal court decides how the property should be distributed. User:
A person who will follow your instructions specified in your will is called a(n):
D. executor or executrix. Weegy:
A person who will follow your instructions specified in your will is called an executor or executrix, answer is D. User:
Janice Jacobs is planning for her retirement. She knows what assets and liabilities she has now and expects to have in the future. She knows what her spending patterns are likely to be and adjusted them for inflation. She also has identified all of her sources of income after she retires. Now she is sitting down and planning her income and expenses each month. After she has finished this plan, she knows that she has enough income to cover her expected expenses and still have $200 extra each month for emergencies and other unplanned activities. Even with inflation, she thinks she can sustain this plan for approximately 30 years. What step in the retirement planning process is Janice completing?
A. Analyzing her current assets and liabilities
B. Estimating her spending needs
C. Evaluating her planned retirement income
D. Developing a balanced budget based in her retirement income Weegy:
D. Developing a balanced budget based in her retirement income User:
A trust established by your will that becomes effective upon your death is called a(n) ____________ trust.
D. irrevocable Weegy:
A trust established by your will that becomes effective upon your death is called a Testamentary trust. User:
Which employer pension plan has an individual account for each employee?
A. Undefined-contribution plan
B. Defined-contribution plan
C. Defined-benefit plan
D. Undefined-benefit plan Weegy:
The employer pension plan that has an individual account for each employee is a B) ... (More)