What Type of Property Should Be Transferred to Heirs at a Decedent's

question 751

Essay

What type of property should be transferred to heirs at a decedent's death and why? Should estate planning also mean that some property is transferred prior to death? Why?

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Definitions:

Graphic Rating Scale

Method of performance measurement that lists traits and provides a rating scale for each trait; the employer uses the scale to indicate the extent to which an employee displays each trait.

Rating Approach

A systematic method used to evaluate or assess performance, quality, or value.

Employee Evaluation

A systematic process of assessing and documenting an employee's performance, skills, achievements, and growth areas.

Self-Appraisals

The process by which employees assess their own job performance, including achievements, challenges, and areas for improvement.