CEPA CERTIFIED EXIT PLANNING ADVISOR k k k k
EXAM | NEWEST ACTUAL EXAM COMPLETE k k k k k k
QUESTIONS AND VERIFIED ANSWERS GRADE k k k k
D A+ | 100% PASS | 2026\2027 UPDATE!
k k k k k k k
The components of integrated wealth management for individuals are:
k k k k k k k k
- Answer > Retirement planning, risk management, estate planning
k k k k k k k k
, portfolio management
k k
A gift received by a person is not taxable income ANSWER True
k k k k k k k k k k k
A strategy which makes assets difficult or impossible to reach is called:
k k k k k k k k k k k
- Answer > Asset protection
k k k k
What are the benefits for the business owner and family for integrating ch
k k k k k k k k k k k k
aritable contributions? ANSWER a. Wanting to transfer values and purpos
k k k k k k k k k
e, not just assets
k k k
b. Creating inter-
k k
generational common ground to collaborate, make joint decisions, gain c
k k k k k k k k k
onfidence, develop/fulfill potential k k
, c. Developing an emotional and functional bridge between wealth, purpos
k k k k k k k k k
e, and society
k k
The main goal of minimizing wealth tax is to: Answer
k k k k k k k k k
> Maximize the client's portion of earnings and minimize the IRS's portion
k k k k k k k k k k k
A business owner only needs one advisor to complete their exit planning (
k k k k k k k k k k k k
T/F) ANSWER False
k k
Typical estate planning conversations discuss how to preserve a decedent
k k k k k k k k k
spouse's "coupon." (T/F) ANSWER True
k k k k k
A k
gift is one in which the person who received the gift has the u
k k k k k k k k k k k k k
nrestricted right to the immediate possession and use of it. ANSWER Pr
k k k k k k k k k k k
esent Interest Gift k k
All states have an estate tax (T/F) ANSWER False
k k k k k k k k
Not all states have an estate tax (T/F) ANSWER True
k k k k k k k k k
A descendant's unused federal estate tax exemption may be used by the s
k k k k k k k k k k k k
urviving spouse (T/F) ANSWER True k k k k
EXAM | NEWEST ACTUAL EXAM COMPLETE k k k k k k
QUESTIONS AND VERIFIED ANSWERS GRADE k k k k
D A+ | 100% PASS | 2026\2027 UPDATE!
k k k k k k k
The components of integrated wealth management for individuals are:
k k k k k k k k
- Answer > Retirement planning, risk management, estate planning
k k k k k k k k
, portfolio management
k k
A gift received by a person is not taxable income ANSWER True
k k k k k k k k k k k
A strategy which makes assets difficult or impossible to reach is called:
k k k k k k k k k k k
- Answer > Asset protection
k k k k
What are the benefits for the business owner and family for integrating ch
k k k k k k k k k k k k
aritable contributions? ANSWER a. Wanting to transfer values and purpos
k k k k k k k k k
e, not just assets
k k k
b. Creating inter-
k k
generational common ground to collaborate, make joint decisions, gain c
k k k k k k k k k
onfidence, develop/fulfill potential k k
, c. Developing an emotional and functional bridge between wealth, purpos
k k k k k k k k k
e, and society
k k
The main goal of minimizing wealth tax is to: Answer
k k k k k k k k k
> Maximize the client's portion of earnings and minimize the IRS's portion
k k k k k k k k k k k
A business owner only needs one advisor to complete their exit planning (
k k k k k k k k k k k k
T/F) ANSWER False
k k
Typical estate planning conversations discuss how to preserve a decedent
k k k k k k k k k
spouse's "coupon." (T/F) ANSWER True
k k k k k
A k
gift is one in which the person who received the gift has the u
k k k k k k k k k k k k k
nrestricted right to the immediate possession and use of it. ANSWER Pr
k k k k k k k k k k k
esent Interest Gift k k
All states have an estate tax (T/F) ANSWER False
k k k k k k k k
Not all states have an estate tax (T/F) ANSWER True
k k k k k k k k k
A descendant's unused federal estate tax exemption may be used by the s
k k k k k k k k k k k k
urviving spouse (T/F) ANSWER True k k k k
