Use the Following Figure to Answer the Question

question 14

Multiple Choice

Use the following figure to answer the question:
-A balloon will stick to a wooden wall if the balloon is charged

• A)negatively.
• B)positively.
• C)either positively or negatively.
• D)None of the above choices are correct.

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Definitions:

State Inheritance Tax

A tax imposed by some states on individuals who inherit property or money from someone who has died.

Estate Administration

The process of managing and distributing a deceased person's assets according to their will or the laws of intestacy.

Totten Trust

is a type of revocable trust created by depositing funds into a bank account with a designated beneficiary upon the account holder's death.

Settlor

The person who creates a trust by transferring assets into the trust for the benefit of the trust's beneficiaries.