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Miraflor, Hector (Special Topics Classwork)
Miraflor, Hector (Special Topics Classwork)
a.) 3-5%
b.) 2-4%
c.) 4-6%
d.) 5-8%
a.) Poor
b.) Lower Income
c.) Lower Middle
d.) Middle
3.) Based on the Global Survey, Knightfrank, to be considered wealthy in the philippines you need
____ income per annum.
4.) It is the process of accumulation, management, conservation and transfer of wealth considering
legal, tax and personal objectives.
Answer: Directing and Guidance of who will receive your assets, Discussed in the video (14:40)
7.) Without a plan in place the ____ and a judge will decide what happens to you and your property
a.) Lawyer
b.) Law
c.) Attorney
d.) Family
a.) Plan
b.) Goals
c.) Objective
d.) List of Assets
9.) Estate Planning Goals where property is transferred to a corporation that the transferor gains
control of would enable that.
10.) After Goals in Real Estate Planning this is the second thing that you should be aware of
a.) Plan
b.) Objective
c.) Factors
d.) List of Assets
12.) This is needed in the Philippines to secure real estate transfer and stocks to another name
a.) To be organized
b.) For easy Filing
c.) Ease of transfer for each and every assets
d.) To lessen trouble to heirs
Answer: Ease of transfer for each and every assets, Discussed in the video (25:00)
a.) Government
b.) Philippine Law
c.) Judges
d.) Birth Certificate
a.) Trial
b.) Court Case
c.) Via Will of the Diseased
d.) Ruling of Contract signed by the heirs
a.) 10%
b.) 8%
c.) 6%
d.) 7%
Answer: Gross Estate less Estate Obligations. Discussed in the video (29:30)
a.) Limited
b.) Annual
c.) Perpetual
d.) 50 years
Answer: Perpetual, Discussed in the video (31:12)
22.) You can transfer your own property to your one person corporation for?
a.) 8% tax
b.) 6% tax
c.) 2% tax
d.) Tax-free
23.) This is very important and have to be handled with tact in Estate Planning
a.) Assets
b.) Heirs
c.) Emotions and Expectations
d.) Obligations
24.) Estates only work when you are absolutely up front with your?
25.) At the end of the day the best estate plan serves _________
a.) You
b.) Heirs
c.) You and your family
d.) Whole Clan