Minor Changes to an Existing Will Can Be Accomplished by the Use

question 18

Short Answer

Minor changes to an existing will can be accomplished by the use of a(n) ________.

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Definitions:

Market Value

The prevailing market rate at which a service or asset is available for purchase or sale.

Paid-in Capital

The total amount of money investors have contributed to a company in exchange for shares of stock.

Stock Dividend

A dividend payment made in the form of additional shares rather than cash, increasing the number of shares owned by shareholders.

Stockholders' Equity

The residual interest or ownership in the assets of a corporation after deducting liabilities, often referred to as shareholders' equity.