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Under What Circumstance Does an Estate Have an Executor

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Under what circumstance does an estate have an executor?


Definitions:

Tax Increase

A rise in the rate at which individuals or businesses are taxed by the government.

Snickers Candy Bars

A popular brand of candy bar consisting of nougat topped with caramel and peanuts, enrobed in milk chocolate.

Falls 10%

A term indicating a decrease in a value, such as stock prices or GDP, by 10% from its previous level.

Camel Cigarette

A brand of cigarettes that was originally developed by the R.J. Reynolds Tobacco Company in the United States, known for its distinct packaging and marketing.

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