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Sagot :
Final answer:
Annuities like life insurance are recommended for passing assets to heirs.
Explanation:
Annuities come in various forms, each serving different purposes. If a client's primary goal is to pass assets on to her heirs, recommending life insurance would be beneficial as it provides a lump sum payment to beneficiaries. Immediate annuities, on the other hand, offer a stream of income, but the payments typically end upon the annuitant's death and may not be the best choice for passing assets to heirs.
Learn more about Annuities for passing assets to heirs here:
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