The best life insurance policy for the payment of federal estate taxes for a 55-year-old couple with illiquid assets is: a. AN individual whole life policy on each spouse on a cross-ownership basis.
b. A joint first to die life insurance policy owned jointly.
c. A jount last to die insurance policy owned by the spouse with the larger estate
d. A joint and last to die insurance policy owned be an irrevocable life insurance trust

You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?

Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?

Abus pass costs $5 per week. which of the following equations shows the total cost in dollars, t, of the bus pass for a certain number of weeks, w? t = 5w w = 5t t = 5 + w w = 5 + t