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Based on a product review in a magazine, Rob decided which product to buy. He is demonstrating the impact of
Incapacitated
A state where an individual is unable to make legal, medical, or financial decisions for themselves due to physical or mental limitations.
Future Health Care
Planning, policies, and services designed to meet the health care needs of individuals in the future.
Inter Vivos Gift
A gift given by one living person to another, which becomes the property of the recipient immediately and unconditionally.
Trust Creation
The process of setting up a trust, wherein a trustee holds property or assets for the benefit of a third party, known as the beneficiary.
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