Ficep 23 33 - Study guides, Class notes & Summaries

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FiCEP 23-33 Correct Questions & Answers(RATED A+)

FiCEP 23-33 Correct Questions & Answers(RATED A+)
Exam (elaborations) • 6 pages • 2024
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Lists to create before passing away - ANSWER 1. Personal Inventory 2. Financial Inventory 3. Debts 4. Memberships Power of Attorney - ANSWER Designation for an individual to act as an agent and manage affairs if one is no longer able to do so. There are 4 types General POA - ANSWER Provides agent with broad power to act on ones behalf. Durable POA - ANSWER Provides agent with immediate power if one becomes incapacitated Limited (special) POA - ANSWER Grants agent authority t...

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FiCEP 23-33 Questions and Answers (Graded A+)

FiCEP 23-33 Questions and Answers (Graded A+)
Exam (elaborations) • 6 pages • 2024
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Lists to create before passing away - Answers-1. Personal Inventory 2. Financial Inventory 3. Debts 4. Memberships Power of Attorney - Answers-Designation for an individual to act as an agent and manage affairs if one is no longer able to do so. There are 4 types General POA - Answers-Provides agent with broad power to act on ones behalf. Durable POA - Answers-Provides agent with immediate power if one becomes incapacitated Limited (special) POA - Answers-Grants agent author...