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AssignmentMultiple Choice

Investment Strategies

Question 1 • * HSA 26-27 Economics

What is the purpose of making an estate plan?

Answer
A
to contribute to savings for retirement
B
to grow money quickly within a year or less
C
to make money to help pay for immediate expenses
D
to protect property for distribution after death

Explanation

An estate plan sets out how a person’s property and assets should be managed and distributed, often after that person dies. Its purpose is to protect property and help ensure it goes to the intended people or organizations. The correct choice is “to protect property for distribution after death.”

AI-written and checked against the verified answer.

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