Why is estate planning important?

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Answer 1
Stops Heirs From Overpaying In Taxes. Estate planning is all about protecting your loved ones, which means in part giving them protection from big tax hits. Essential to estate planning is transferring assets to heirs with an eye toward creating the smallest tax burden for them as possible.
Answer 2

Estate planning is it important because it allows you to maximize the amount of money that you pass on to your heirs. Estate planning is quite complicated and often involves emotional decisions. It is also important because you want to minimize estate taxes as much as possible.


Related Questions

Life events that enable adult offenders to desist are known as

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the asnwer to this question is turning points
turning points usually involves something that important enough that could threaten our psychological or physical safety.
For example, being sexually abused in early age tend to make women much more likely to engage and do the same with younger people,

Life events that enable adult offenders to desist from crime are known as turning points or life-course transitions. These include important societal ties like marriage, parenthood, and employment. Arts-based programs and early preventive measures can also contribute to desistance.

In the context of Social Studies and criminology, life events that enable adult offenders to desist from criminal activity are often referred to as turning points or life-course transitions. These events can significantly alter an individual's pathway, contributing towards stopping criminal behaviors.

Studies by Laub, Sampson, & Sweeten (2006) suggest that as people age, their ties to conventional society, such as marriage, parenthood, and full-time employment, increase their stakes in conformity and reduce their desire to engage in criminal activities.

Other factors that can influence desistance include participation in arts-based programs, which have been shown to facilitate higher levels of engagement and positive identity formation, as explored by Bilby and colleagues in their 2013 study. Additionally, preventive measures in childhood, as highlighted by Welsh and Farrington, are crucial for tackling key risk factors early on and helping children avoid a future filled with crime.

Todd offers to shovel the snow off maria's patio for $25. maria agrees verbally and shakes todd's hand to sign off on the agreement. when todd has completed the shoveling job, maria pays him the $25. this scenario best illustrates

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This illustrates a verbal contract between two people, Maria and Todd. The terms of this contract are Todd will provide shoveling and Maria will provide monetary compensation.

How does a person follow the moral code of this religion?

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Each religion is governed with different moral codes which includes the practices, teachings, etc. It is basically up to the person to follow the moral code of the religion. It is through each one's faith and conscience that one is able to distinguish between right and wrong.  

True or false. jingles and the method of loci are examples of mnemonics.

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Answer: True.

Mnemonic devices are used as a technique of study and memorization to remember important information and details. They can be abbreviations, acronyms, rhymes, method of loci, jingles,, etc.
Jingles are usually used for children to remember something.
Method of loci is a method that uses visualization of a familiar environment to retain information.

A young child asks his teacher, "how can love be real if you don't ever see it?" which branch of philosophy has that child's question tapped into?

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the answer to this question is Metaphysics
Metaphysics refers to the fundamental question that asked a bout a core principal/belief upon something.
Learning Metaphysics will definitely help their child in understanding the complex situation of life and reality that he's going to face when he's grown.

Ryan thinks he is not as clever as the other children in his class because his teacher does not appreciate him as much as she does others. ryan is troubled by his

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In the given scenario, Ryan is troubled with his looking glass self. This is considered to be a concept in terms of social and psychological. In which it tackles the person’s view in his or herself or his or her identity.

What is the most important rule everyone must remember according to granger?

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The most important rule according to Granger is that everything in life is an experiment. The Golden Rule and Grice's Cooperative Principle are important guidelines for social interactions.

The most important rule everyone must remember according to Granger is:

Everything in life is an Experiment. There are no winners and no losers. There's just a precious amount of time to live.

Additionally, following the Golden Rule and Grice's Cooperative Principle can guide individuals in their interactions and conversations with others.

According to your book, relationships that are most likely to last are established between people who are _____.

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According to your book, relationships that are most likely to last are established between people who are similar in dispositions and preferences.
Although the saying goes that opposites attract, it is not always the case - and even if it is, they might attract, but they don't always last long. On the other hand, people who are relatively similar with regards to their dispositions and preferences will have long-lasting relationships. 

According to contemporary cultural anthropologists, why do humans in most cultures seem to engage in sexual activity?

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the answer to this question is both for procreation and fun.
Studies shows that sexual activities release dophamine which served very important functions in human live.
It gave us a sense of euphoria and addiction that help us to cope with stress and make us able to obtain various possitive long-term benefit.

In north american discourse on class, there are strong pressures __________ although classes do exist and structure people's lives.

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against discussing class interests The fundamental idea of class class comes from Karl Marx's hypothesis of social class. Marx contended that the social relations which characterise class create naturally contradicting interests. Consequently, for instance, the interests of the bourgeoisie are not quite the same as and adversarial towards those of the working class. It is in light of a legitimate concern for the middle class to misuse the low class and in light of a legitimate concern for the working class to topple the bourgeoisie. This works in a socialist economy and America is not that is why there are pressures against discussing about it.

Final answer:

In North American discourse, social class impacts are often overlooked, with the myth of meritocracy overshadowing the structural inequalities within capitalism. Social class influences access to opportunities, including education, thus perpetuating socioeconomic disparities.

Explanation:

In North American discourse on class, there are strong pressures to overlook the existence and impact of social classes, although classes do exist and structure people's lives. This oversight is perpetuated by the myth that those in power have earned their position solely through merit and that those without power display individual moral failings, rather than acknowledging the systemic inequalities produced by a capitalist society.

Class systems highlight social disparities as they inherently require a working class that is often exploited for the benefit of the upper classes. Capitalism and class societies boost this divide by suggesting that wealth and power are the results of individual effort rather than acknowledging the structural need for a working class within the capitalist framework.

Furthermore, the socially constructed barriers are evident in the educational realm, where students of lower socioeconomic status face manifold obstacles that hinder their academic success. This elucidates the harsh reality that educational fulfillment is closely tied to one's social class, with higher-class individuals often having better access to opportunities, thereby perpetuating the cycle of inequality.

The ad shown above is from a Virginia newspaper of the 1730s. What does this ad reveal about the brutality of the slave system?

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The slave system makes humans treat other human being worse than their domesticated pet animals.
During the slavery, the most of the slaves were beaten and forced to work all day in the plantation without any pay. The owners could legally hang the slaves without any consequence and a lot of sexual assaults and separation from families. happens among the slaves

Jazmine has a 4-month-old baby boy. she wonders how much her baby understands her when she speaks with him. what would you tell her? her baby understands a few common words. her baby understands what she is saying but cannot yet speak himself. her baby is not yet able to understand anything about language. her baby can recognize speech sounds and can read lips to determine where the sound is coming from.

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Her baby can recognize speech sounds and can read lips to determine where the sound is coming from.

Because the constitution could not list every possible situation the government may face, it gives ______ powers.
a. exclusive
b. concurrent
c. implied
d. enumerated

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The correct option is C.
Implied powers refers to powers that are not explicitly stated in the constitution but which are assumed to exist due to their been necessary to implement the expressed power that are stated in the constitution.

What is a term that identifies the group of people a person may be attracted to?​?

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The answer is Field of eligibles

The family or group number of the representative elements represents the

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The family or group number of the representative elements represents the "atomic number".
The atomic number represent or alludes to the particular identification of a chemical component. It is generally characterized as the number or protons exhibit in a atom of a component, which is additionally equivalent to the quantity of electrons.

What candidates performance in the first televised debate helped his campaign?

Answers

John F Kennedy's performance in the first debate helped his campaign.

Answer:

Richard Nixon and J.F. Kennedy

Explanation:

1960 was the year that became part of the modern political scene when Nixon and Kennedy took a role in the national television presidential debate. They were Vice President Richard M. Nixon and Senator John F. Kennedy. Their televised debate changed how presidential campaigns would conduct. The debate was seen live by 70 million people in America, it also gave many voters their first chance to see presidential candidates in a real situation, as possible leaders.  

                         

______ is the result when there is no consensus, but a group finds a central point on which the majority agrees.
a. compromise
b. capitulation
c. a filibuster
d. majority rule

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The answer is letter d, the majority rule. It is because in this type of method or process, a group or the members of the group tend to reach to a finalization or central point in which they are likely to go in the majority or where the majority agrees as the majority rule follows the majority people who agreed in the same side.

What cities besides Sacramento used to be the capital of california?

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Monterey under Mexican rule, and Benicia after it became a state if I remember correctly

Follower is someone who is high on involvement but low on critical thinking

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A ''Conformist Follower'' is someone who is high on involvement but low on critical thinking.

____ occurs when an authorized person presents a key to open a door, and other people, who may or may not be authorized, also enter.

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Let me check my unit I might have a answer for you

​while reinforcement typically exerts its influence through associative learning, feedback is a key component of

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The answer is Cognitive Learning Theory. This theory enlightens why the brain is the most unbelievable system of information dispensation and analysis in the body as we study things. This theory can be further talked about when we divide it into two detailed theories, these are the Social Cognitive Theory and the Cognitive Behavioral Theory.

The textbook's discussion suggests that happiness is _____ influenced by money and _____ influenced by major life events than we might think.

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...happiness is LESS influenced by money and MORE influenced by major life events... This is in agreement with recent studies that show experiences have a greater effect on human happiness than material goods.

When the nation's leaders met in 1787, these problems needed to be addressed. Select all that apply. tax collection irregularities in voting procedures law enforcement trade between the states slavery

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Answer:Tax collectionLaw enforcementTrade between the statesExplanation:

On May 25, 1787, delegates from various states met in the Pennsylvania State House in Philadelphia. They held the meeting regarding future plans where the reforms in the economy were discussed and a formula for tax collection was proposed. In the same meeting the law enforcement methods were formulated to maintain peace and harmony in the newborn country and the trade among all the states were appreciated.

Jill is recalling the day of her college graduation. what type of memory is this an example of?

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This is an example of EPISODIC MEMORY.
Human memory is divided into three basic classes, which are sensory, short term and long term memory. Long time memory is divided into implicit and explicit memory. The explicit memory has one sub type of memory, which is declarative memory. Declarative memory is divided into two classes, they are episodic and semantic memory.
Episodic memory refers to memory of experiences and specific events in time, from which one can recall the actual event that took place at any given point in time. Episodic memory is a type of memory that usually concerned autobiographical events, such as wedding ceremony, graduation, etc.

Negative feelings, opinions, and beliefs associated with a stereotype are known as

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Negative feelings, opinions, and beliefs associated with a stereotype are known as prejudice. 

Read the sentence.

The trip to Mars is projected by NASA to take about 11 months.

What is the author’s purpose?


entertain


inform


persuade


sell

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The author's purpose with this sentence is to inform the reader how long the trip to Mars is projected to take.
the correct answer is inform

Most people's earliest memories do not predate ________ of age.

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The answer is six months. The Earliest memories an individual can remember is by the age of six months, memories from earlier months, such as two months of age are hard to remember or be familiar with, because the brain hasn’t fully developed.

The ________ held that happiness depended on avoiding all forms of physical excess; they valued plain living and the perfect union of body and mind.
a. epicureans
b. sophists
c. stoics
d. cynics

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The answer to your question would be Epicureans.

According to the bible, what types of food has god given to us to eat?

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Hope this helps man.

Which of these definitions of abnormal sexual behavior is most generally reasonable in society?

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In analyzing a definition that would appear to be more reasonable throughout society about abnormal sexual behavior, it can be viewed as any type of sexual behavior that is used only by a small minority, and not practiced by the broader majority in the given society.
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