Awma exam 3 questions - Study guides, Class notes & Summaries

AWMA - Module 7 Quiz Estate Planning for High Net Worth Clients Exam Questions With Accurate Answers. Which of the following are the only exceptions to an estate transfer being subject to the GSTT when a gratuitous completed inter vivos transfer is a generation-skipping transfer? 1. The transferor makes payments directly to the recipient for medical expenses 2. The transferor makes direct payments of medical expenses to the medical provider on behalf of the recipient 3. The transferor ma...

AWMA Exam Practice Questions with Correct Answers What are the 4 rules in terms of investing in a small firm? - Answer-Time frame of at least 3-5 years, diversify among 20-30 different issues, avoid turnover of 30% annually, and sell if and when 40% of company's shares become owned by institutional investors. What is a characteristic of an unfunded excess benefit plan? - Answer-The plan generally need not comply with either the disclosure or reporting requirements of ERISA. Unfunded e...

AWMA Exam Practice Questions with Correct Answers What are the 4 rules in terms of investing in a small firm? - Answer-Time frame of at least 3-5 years, diversify among 20-30 different issues, avoid turnover of 30% annually, and sell if and when 40% of company's shares become owned by institutional investors. What is a characteristic of an unfunded excess benefit plan? - Answer-The plan generally need not comply with either the disclosure or reporting requirements of ERISA. Unfunded e...

AWMA Exam Practice Questions with Correct Answers What are the 4 rules in terms of investing in a small firm? - Answer-Time frame of at least 3-5 years, diversify among 20-30 different issues, avoid turnover of 30% annually, and sell if and when 40% of company's shares become owned by institutional investors. What is a characteristic of an unfunded excess benefit plan? - Answer-The plan generally need not comply with either the disclosure or reporting requirements of ERISA. Unfunded e...

AWMA Investment Strategies Exam Questions With Correct And Revised Answers. 3 key elements invt strategy - answeridentifiable goal, a method to attain a goal, the competencies and resources to sustain the strategy What is the difference between investment strategy and investment policy? - answerinvestment policy sets forth the financial goals of the client, investment strategy is the way9s0 to attaining those goals What is the buy-and-hold strategy - answeras the name implies. the strate...