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Exam Code: Virginia-Life-Annuities-and-Health-Insurance
Exam Name: Virginia Life, Annuities, and Health Insurance Examination Series 11-01
Vendor: Virginia Insurance

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include them in the decision making process

NEW QUESTION: 2
You need to configure the inventory reports.
Which configuration settings should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:


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A client has a minor child she is concerned about what might happen if she was to die,while the child was still young and unable to sensibly handle a sizeable inheritance,one solution could be to draft her will so that the child receives the asset once reaching age 21 this is an example of
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C. A discretionary trust
D. A testamentary trust
Answer: D


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