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After Implementing Your Plan,the Final Step of the Wise Choice

question 1

True/False

After implementing your plan,the final step of the Wise Choice Process is to evaluate the success of your plan.One good way to do this is to compare your new situation (results of your plan)with how you would like it to be (as you defined it in Step 2).


Definitions:

Settlor

A person who creates a trust.

Residuary Clause

A provision in a will that assigns the remainder of the deceased's estate after specific gifts have been disbursed.

Uniform Anatomical Gifts Act (UAGA)

Legislation that facilitates the donation of organs and tissues for transplantation purposes.

Bequeath

The act of leaving personal property to someone through a will.

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