Finance 3 Welcome to your Finance 3 Quiz. Please click on "Next" to continue. Which of the following is/are elements of estate planning?Assuring life insurance policies provide for the family.Provide protection from creditors for loved ones who are irresponsible with money.Naming of guardians for minor children.Including instructions for care in case of disability.All of the above are elements of estate planning.A person's estate includes which of the following?Their homeTheir investment accountTheir carTheir furnitureAll of the aboveNone of the aboveWhy is a living trust a good idea?It increases the value of one's assetsNo one can contest a living trustIt can avoid probate issuesIt cannot be changedCreating a will prevents the probate courts from getting involved in the distribution of assets.TrueFalseWhy would a financial advisor be involved in an individuals estate planning?They do not get involved. Only lawyers deal with estate planning because of the probate courts.Because financial advisors know a lot more about the probate court process than lawyers do.Because a financial advisor can help an individual work out the details of how their investment accounts are distributed.What is the title of the court that officially decides how a person's belongings are to be distributed after their death?Public courtCivilian courtProbate courtCriminal courtYou are speaking with Jennifer, a financial advisor who deals with estate planning. Which statement below should you avoid making?Many of our heroes are looking for a trustworthy and supportinv advisor to help them with their estate planning.Do you offer any service discounts for Veterans?By putting your information in front of our heroes you will definetely earn more business.When talking to an estate planner, it is good to concentrate on the emotional side of helping people prepare for the future, but also explain how GeoFencing is an economic way to promote their services.TrueFalse Stage Name/Real Name Unit Time is Up! Posted on August 24, 2019April 24, 2020 By admin