Two Key Goals of Estate Planning Are to Ensure That

question 93

True/False

Two key goals of estate planning are to ensure that your assets pass to the proper beneficiaries and to ensure that taxes paid are minimized.

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Definitions:

Repurchasing

The act of a company buying back its own shares from shareholders, reducing the amount of stock available on the open market.

Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its operating, investing, and financing activities.

Operating Activities

Activities that relate to the core operations of a company, including production, sales, and delivery of the company's products and services.

Investing Activities

Financial transactions related to acquiring or disposing of long-term assets and investments, often reflected in the cash flow statement.