Why might the insureds estate be named as policy beneficiary? (Search Chapter 1) a. to...

90.2K

Verified Solution

Question

Accounting

Why might the insureds estate be named as policy beneficiary? (Search Chapter 1) a. to provide funds to pay estate claims in order to preserve other assets b. to ensure that policy proceeds are dispersed according to the insureds wishes c. to protect the tax-free status of policy proceeds d. to ensure that policy proceeds are not included in the probate process

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students