This Estate Planning Tool Is Used by Estate Planners to Pass

question 18

Multiple Choice

This estate planning tool is used by estate planners to pass assets on to a future generation, provide income for people during their lives, and prevent family assets from being mismanaged or spent unwisely.

• A) A will
• B) A life insurance policy
• C) A trust
• D) An inter vivos gift

---

Definitions:

Teachers

Professionals who help students acquire knowledge, competence, or virtue in educational settings.

Teaching Ability

The capacity or skill of an individual to impart knowledge or skill to others effectively.

Internal Characteristics

Qualities or features that are inherent or intrinsic to something or someone.

External Factors

Elements outside an individual that can influence their behavior, decisions, health, or performance, including social, environmental, and economic factors.