B) now, let’s try "what if". what if you had medical bills for $10,000 for a minor surgery? what would each of the insurance policies pay if you had not yet paid any deductible? remember that 20% is your part (coinsurance) so the insurer’s percent is 80% for the first formula. show how you are getting the answer. formulas: insurer’s part of medical bill = (bill – deductible) (80%)your part of medical bill = total bill – insurers part

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?

Atrough in the business cycle occurs when

The sarbanes-oxley act was passed to question 6 options: prevent fraud at public companies. replace all of the old accounting procedures with new ones. improve the accuracy of the company's financial reporting. both a and c