If You Create a Will,​

question 32

Multiple Choice

If you create a will,​

• A)probate is avoided.
• B)the will is irrevocable once created.
• C)the will reduces or eliminates estate taxes.
• D)none of the above

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Definitions:

Underestimating

The act of judging something to be of lower quantity, value, or importance than it actually is.

Project

A planned set of interrelated tasks to be executed over a fixed period and within certain costs and other limitations.

Overconfidence

A cognitive bias where an individual's subjective confidence in their judgments and abilities is greater than their objective accuracy.

Algorithms

Step-by-step procedures or formulas for solving a problem or accomplishing a specific task, often used in computing and mathematics.