If You Have Children from a Previous Marriage and You

question 94

True/False

If you have children from a previous marriage and you get remarried and own property jointly with your new spouse,then tenancy by the entirety should be sufficient for you if you wish your children to inherit your property.

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Definitions:

Corporate Bonds

Debt securities issued by corporations to raise capital, where the issuer promises to repay the borrowings plus interest.

Callable Debenture

A type of bond that can be redeemed by the issuer before its maturity date at a predetermined price.

Puttable Mortgage Bond

A type of bond that gives the holder the option to return the bond to the issuer before its maturity date, typically in response to changes in interest rates.

Yield

The income returned on an investment, such as the interest or dividends received, expressed as a percentage of the investment's cost.