Fiduciary administration - Study guides, Class notes & Summaries

Managing Fiduciary C Managing Fiduciary Concerns University Of Phoenix MPA/593: Public Administration Applied Project 03:11:00 GMT -05:00 Managing Fiduciary Concerns When managing fiduciary concerns within public administration, a few different techniques can be employed to achieve this goal. The first technique is budgetary analysis, requesting funding through the legislative process, then finally applying for grants. Budgetary analysis is often the first step that is taken when resolvi...

Florida Guardianship Chapter -ANSWER 744 Plenary Guardianship -ANSWER Total loss of rights of a person; Guardian can make all decisions regarding healthcare, and financial Incompetency was replaced by... -ANSWER Incapacity Qualifications to serve as a guardian.... -ANSWER 1- over the age of 18 2- no felony charges 3- not a service provider 4- never charged with abuse, abandonment, or neglect 5- not a creditor Qualifications Florida Statute -ANSWER 744.309 Criminal investigati...

advance directive : a formal, legally endorsed document that provides instructions for care ("living will") Adjudication : the act of a court in making an order, judgment, or decree. Annual accounting : A report, filed by the guardian of the property, due to the court each year itemizing expenditures and receipts made on behalf of the ward during the previous year Annual plan : A report, filed by the guardian of the person, due to the court each year specifying the medical, ment...

A cigarette sets an automobile seat on fire and causes $450 damage. The policy shows a $300 deductible under Specified Perils. What would the insurer pay? - $450 A claim under a liability policy may be triggered by which of the following? - A negligent act A Commercial Crime Insurance Policy: - Allows the selection of coverages from a menu A Commercial General Liability Policy covers which of the following? - All of the above A dwelling valued at $100,000 is owned and insured by three peopl...

What is ERISA? -- Employee Retirement Income Security Act of 1974 - Regulates the retirement plan industry - Defines a fiduciary and their responsibilities - Protects the interests of participants What is a fiduciary? - - Anyone who exercises discretion with respect to the management and control of the plan or plan assets - Anyone who provides advice for a fee - Anyone who has discretion over the day-to-day administration of the plan

Over the past 10 years, an investment adviser has developed a computerized trading algorithm that produces average returns of 30% per year. To recover the costs associated with development, the adviser now plans to charge clients an annual fee equal to 25% of their average balance. An Administrator would consider this fee: Unreasonable, since past performance is not indicative of future returns Reasonable based on average results from the past Unreasonable due to the significant amount ...

FHA operates entirely from its self-generated income through the proceeds of mortgage insurance premiums paid by borrowers. Although the variety of attractive conventional loan programs available over the past several years had lowered the FHA share of the mortgage market, it has once again become the loan of choice in response to the mortgage lending crisis. The FHA loan is a viable product for first-time homebuyers, borrowers with credit issues who may have trouble qualifying for a conven...

CRPC Full Vocabulary Test with A Graded Solutions Efficient market hypothesis - Answer-States that, at least for US equities markets, bargains cannot be found on any consistent basis. Rather, all important information about a company's performance and prospects is already reflected in the market prices of its shares. Elective contribution - Answer-A contribution made to a 401k plan by an employer on an employee's behalf pursuant to agreement for salary deferral. Elective deferral - Answ...

advance directive -ANSWER a formal, legally endorsed document that provides instructions for care ("living will") Adjudication -ANSWER the act of a court in making an order, judgment, or decree. Annual accounting -ANSWER A report, filed by the guardian of the property, due to the court each year itemizing expenditures and receipts made on behalf of the ward during the previous year Annual plan -ANSWER A report, filed by the guardian of the person, due to the court each year specifying...

Statutes and Regulations Casualty Insurance (Illinois Property and Casualty IL Law, IL Casualty Insurance Practice Test) Questions and Answers Graded 100% 2023. When a commercial property insurance policy, in effect for more than 60 days is cancelled for an allowable reason, other than non-payment of premium, the insured must give written notice to the first named insured of at least 60 days A person is in the process of becoming permanently licensed as a producer. A temporary producers lic...