Retirement Quizzes-Which is correct with respect to wills?

Answer to Quiz

Which is correct with respect to wills?

Answer: (c)
By drafting a will, an individual can ensure that his assets will go to the people he designates. A will does not have to be prepared by a lawyer, although that will be desirable for complicated or large estates. Wills generally do not have to be notarized to be effective, although that may be desirable or necessary in some jurisdictions.

Next Quiz:

Retirement income paid by a company to an employee is referred to as:

(a) Social security
(b) Disability pay
(c) Pension
(d) Deferred annuity payments

Word of the Day

Credit

The term "credit" has multiple meanings. Credit means the promise to pay in the future...

Credit

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