If Joe or Rachel dies in 2006-2008, there will be no federal estate tax liability since there is an unlimited marital deduction for the surviving spouse. Only when both die there will be an estate tax liability over the $2 million exemption amount.
Answer: An "Ivory Tower" approach could lead the executive team to a plan created in a vacuum without an understanding of current operating realities
Explanation:
Based on the information given in the question, the potential pitfall that could impact the strategic plan for this company will be an "Ivory Tower" approach could lead the executive team to a plan created in a vacuum without an understanding of current operating realities.
It should be noted that when a strategy is being designed by an organization, everyone in the organization has to be carried along and the current happenings in the company and its environment has to be taken into account. When these are ignored, it may lead to a negative impact on the organization.
Answer:
The correct answer is: consumer privacy.
Explanation:
The protection and privacy of consumer information refers to safeguarding the right of consumers to privacy, limiting the type of information that is collected and the way in which this information is obtained, used and secured.
The increased use of electronic communication, including financial transactions, as well as the large-scale growth of databases, raises concerns about how consumer privacy can be protected, particularly personally identifiable information.
Organizations can help maintain their credibility and consumer confidence through the use of rigorous systems for obtaining, using and protecting consumer information.
quitclaim deed is the answer