If Mary Is Not Sure Her Primary Beneficiary Will Survive

question 41

Multiple Choice

If Mary is not sure her primary beneficiary will survive her,she should

• A)name a contingent beneficiary.
• B)name joint beneficiaries.
• C)change her beneficiary.
• D)name her estate as beneficiary.

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Definitions:

Distributive Justice Principle

A concept in social psychology concerning the fair allocation of resources among diverse members of a community.

Goal Setting

The process of defining specific, measurable, achievable, relevant, and time-bound objectives that motivate and direct action.

Self-concept

An individual's perception of themselves, including their beliefs, feelings, and self-image.

Social Norms

Social norms are shared expectations and rules that guide behavior of people within social groups.