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2 years ago

What are the benefits of setting up a trust?

1 answer:

7 0

Setting up a trust have some benefits, these include: (1) avoiding taxes. (2). It empowers one to protect his estate and determine how the trust is to be spent, even after one's death. (3) Provision of funds for educational purpose. (4). Provision of funds and benefits for charities and institutions. (5). Grant one the opportunity of avoiding probate.

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A client who has depression is admitted to treatment on a voluntary basis. While in the hospital, the client makes several comme

GuDViN [60]

Answer:contact the psychiatrist for initiation of commitment proceedings.

Explanation:

This proceeding may legally order a person to receive psychiatric treatment at the hospital because the person is seen to may be danger to themselves and suspected that they may commit harm against their own body.

Some people may refuse treatment because they don't feel like they need the treatment and believe there is nothing wrong with them hence an initiation of commitment proceeding may be crucial to give them the help that they actually need.

A person who says they wish to end it all may end up taking their own lives if they are not admitted to a psychitric treatment.

6 0

3 years ago

Chapter 11: Sport Sponsorship

Jet001 [13]

There are different kinds of activities. The process of undertaking activities to enhance and service a sponsorship once a sponsorship deal has been agreed to

<h3>What are sponsorship activities?</h3>

Sponsorships are is known to be the financial or also called an in-kind support of any kind of activities.

Businesses often sponsor things such as events, trade shows, groups, etc. so that they can reach also their business goals and boast their competitive advantage.

Learn more about sponsorship activities from

brainly.com/question/9433922

6 0

1 year ago

The purpose of the work opportunity tax credit is to encourage employers to hire individuals from specified target groups tradit

Yuki888 [10]

Answer:

true

Explanation:

The given statement is true here because the purpose of Work Opportunity Credit is to encourage employers to hire people who are facing employment barriers and are resulting in high unemployment.
And examples of the target group are unemployed ex-servicemen, food stamp recipients etc..
so this is true statement

5 0

2 years ago

Architects must consider the availability and cost of ________ when they plan their projects.

barxatty [35]

Answer:

the correct answer is Building materials

Explanation:

Architects must consider the availability and cost of Building materials when they plan their projects.

good luck

6 0

2 years ago

Assume that on November 1, 2019, a 3-month rent payment for $8,000 per month (for a total of $24,000) was made with respect to a

ziro4ka [17]

Answer:

Rent Expense Dr.$16,000

Bank Dr.$48,000

Prepaid Rent Cr.$64,000

Explanation:

The company entered into lease on 1st November 2019 with rent of $8,000 per month. the company on 1st November 2019 recorded prepaid rent as follows; which is wrong

Prepaid Rent Dr. $72,000

Bank Cr. $72,000

This is wrong entry as prepaid rent was overstated by ($72,000-$24,000 ) $48,000 and same like bank was understated by $48,000

The correct entry should have been like this as on 1st November 2019;

Prepaid Rent Dr. $24,000

Bank Cr. $ 24,000

By 31st December 2019, two months rent have already accrued so prepaid rent should be credited by (8000*2+48,000 for additional amount recorded)

<em>So the rectifying entry is; as on 31st December 2019</em>

<em>Rent Expense Dr.$16,000</em>

<em>Prepaid Rent Cr.$64,000</em>

7 0

2 years ago