CFP — Certificate in Financial Planning Estate Practice Questions
The free CFP — Certificate in Financial Planning questions that deal with estate, with answers and explanations. The full bank and the timed practice test cover every topic the exam asks about.
Question #5
Emily is reviewing her estate plan as her parents age. What should she prioritize?
Correct answer: A
Explanation
Updating her will is essential to ensure her estate is handled according to her wishes as her family situation changes.
Question #10
In estate planning, what is the importance of having a living will?
Correct answer: C
Explanation
A living will helps express healthcare wishes, providing guidance in case one cannot communicate them later.
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