An Exemption Trust Will Has All of Your Assets Going

question 113

True/False

An exemption trust will has all of your assets going to your spouse except for a certain amount of assets, which goes into a trust.

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Definitions:

Cultural Change

Cultural change involves the transformation of a society's customs, beliefs, arts, and institutions over time, often due to internal dynamics or external influences.

Confidentiality

A principle that involves keeping information shared in a professional relationship private and not disclosing it to unauthorized individuals.

Social Worker's Responsibility

Involves the duty to support, advocate for, and provide resources to individuals, families, and communities to improve their well-being.

Clients' Consent

The agreement by clients, based on understanding of the nature and risks of a proposed service or activity, to proceed with that service or activity.