n NISM Certifications
XVII NISM Series XVII
Medium

Estate planning involves managing the assets and liabilities of an individual at the time of death.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    All the physical property of the individual at the time of his / her death

  2. B

    All the assets of the individual that are unencumbered at the time of his / her death

  3. All the assets and liabilities of the individual at the time of his / her death

    Correct answer

  4. D

    All the wealth of the individual at the time of his / her death

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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