Free CTEP Exam Braindumps (page: 13)

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You have just started your Estate Planning firm. Your friend who is into Estate Planning since 5 years explains you that an Ideal Estate Planning Prospect is one who is aged ___ or over and are _______________.

  1. 30, Married with Children
  2. 30, Married with no children
  3. 35, Married with Children
  4. 35, Married with no Children

Answer(s): A



Wills executed according to __________ of the _____________ are called Unprivileged Wills.

  1. Section 8, Hindu Succession Act 1956
  2. Section 63, Indian Succession Act 1925
  3. Section 8, Indian Succession Act 1925
  4. Section 63, Hindu Succession Act 1956

Answer(s): B



Which of the following is/are benefit(s) of Business Succession Planning?

  1. Both (i) and (ii)
  2. Neither (i) nor (ii)
  3. Only (i)
  4. Only (ii)

Answer(s): A



There are__________ methods of Business valuation.Out of these methods,___________ method applies discount rate to determine the valuation of the business.

  1. Two, Discounted Cash Flow
  2. Three, Discounted Cash Flow
  3. Two, Income method
  4. Three, Income method

Answer(s): C






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