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Free CTEP Exam Braindumps (page: 5)

Page 5 of 119
PDF with 472 Questions

____________ is the most basic legal instrument of all Estate Plans.

  1. Power of Attorney
  2. Will
  3. Trust Deed
  4. Any one of above

Answer(s): B



What is Probate?

  1. A Will made out of undue influence
  2. The process of distribution of estate
  3. A person who pays the `Inheritance Tax'
  4. Court process by which a will is proved valid or invalid

Answer(s): D



Estate Planning is ________ process.

  1. One time
  2. Continuous
  3. Two step
  4. Three step

Answer(s): B



A Business plan has_________ phases.

  1. Two
  2. Three
  3. Four
  4. Five

Answer(s): C






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