Chris has investments with ABC On-Line Trading. Upon his death, the assets were automatically transferred...
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Finance
Chris has investments with ABC On-Line Trading. Upon his death, the assets were automatically transferred to his beneficiaries. Why? Group of answer choices
a. The assets automatically transferred to his beneficiaries because a transfer on death was filed.
b. The assets cannot be transferred to beneficiaries and must be liquidated.
c. The probate courts allow investments to automatically transfer at death to beneficiaries.
d. At death ABC automatically sells and distributes assets to his beneficiaries as a taxable event.
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