What are the three-key benefits to a 401k
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1. Tax-deferred
2. Compounding
3. Employer matching. (Most common is $1 for $1)
, What are the types of trusts?
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1. Living trust
2. Support trust
3. Bypass trust
4. Q-tip trust
5. Life insurance trust
What is probate?
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It is the entire process of settling an estate
What is a life insurance trust?
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You can put life insurance proceeds into this trust.
What are three statutory requirements of a valid will?
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1. In writing
2. It has to be signed by the testator
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1. Tax-deferred
2. Compounding
3. Employer matching. (Most common is $1 for $1)
, What are the types of trusts?
Give this one a try later!
1. Living trust
2. Support trust
3. Bypass trust
4. Q-tip trust
5. Life insurance trust
What is probate?
Give this one a try later!
It is the entire process of settling an estate
What is a life insurance trust?
Give this one a try later!
You can put life insurance proceeds into this trust.
What are three statutory requirements of a valid will?
Give this one a try later!
1. In writing
2. It has to be signed by the testator