Answered

Jonah is married with two children and has decided to create a will. What should he consider when writing it?

A. How to set up a trust
B. How to pay off his debts
C. How to sell his investments
D. How to pay off his inheritance tax



Answer :

Final answer:

Jonah should consider setting up a trust, paying off debts, and managing inheritance tax when creating his will.


Explanation:

Jonah should consider several important factors when creating a will to ensure his assets are distributed according to his wishes:

  1. Setting up a trust: This can help protect and manage assets for his children until they reach a certain age or milestone.
  2. Paying off debts: Clearing debts can prevent complications and ensure that his assets are distributed without being encumbered.
  3. Paying off inheritance tax: Understanding how to manage potential tax implications can help preserve the value of the estate for his beneficiaries.

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