What Methods Exist to Avoid Probate,or to Establish Non-Probate Property

question 42

Multiple Choice

What methods exist to avoid probate,or to establish non-probate property?

• A)Gifts
• B)Trusts
• C)Contracts like life insurance and retirement plans
• D)Joint ownership
• E)All of the above

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Definitions:

Stock Price Volatility

Refers to the degree of variation of a trading price series over time as measured by the standard deviation of logarithmic returns.

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy a stock or other underlying asset at a predetermined price within a specified time period.

Put Option

A financial contract allowing the holder to sell a specific amount of an underlying asset at a predetermined price within a specified time frame.

Hedge Ratio

A ratio used to calculate the amount of derivatives needed to hedge a position or portfolio, often used to minimize risk exposure.