n NISM Certifications
XVII NISM Series XVII
Medium

What is the primary benefit of estate planning?

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

    Reduces taxes through a will

  2. B

    Allows legal heirs to use assets productively immediately

  3. C

    Ensures assets are equally distributed

  4. Reduces conflicts and legal complications in transferring wealth

    Correct answer

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

Test yourself for real

Take a full NISM Series XVII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.