Standard #: SS.912.FL.7.14


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Explain the implications of receiving an inheritance.


Clarifications


Clarification 1: Instruction includes understanding that an inheritance is money or assets a person has been bequeathed when someone passes.

Clarification 2: Instruction includes creating a detailed plan for an inheritance.

Clarification 3: Instruction includes understanding the impact to one’s taxes from receiving an inheritance.



Related Courses

Course Number1111 Course Title222
2102300: Economics and Personal Finance (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102305: Economics and Personal Finance Honors (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102371: Personal Finance and Money Management (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102373: Personal Finance and Money Management Honors (Specifically in versions: 2023 - 2024, 2024 and beyond (current))


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