Your Executor Can Be a Family Member, a Friend, an Attorney

question 20

True/False

Your executor can be a family member, a friend, an attorney, an accountant, or the trust department of a bank.

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Definitions:

R&D Expenditures

Funds allocated towards research and development activities by businesses, government, or organizations.

Market Interest Rate

The prevailing rate at which borrowers are willing to borrow money and lenders are willing to lend in the financial market.

Basic Scientific Research

The initial stage of scientific inquiry aimed at gaining more comprehensive knowledge or understanding of the subject without specific applications towards processes or products in mind.

Positive Externalities

Benefits that are enjoyed by a third-party or the broader society as a result of an economic transaction or activity, without them directly participating in it.