Willis, age 50, was a single man who died intestate. in addition to household and personal items, he had a savings account valued at $30,000. assume willis engaged in proactive financial planning prior to death. how did willis ensure that his savings account assets would go to a specific person?

Through an insurance policy plan and a written right of transfer of asset

Explanation:

If Willis had a proactive financial plan, he would have an existing insurance policy plan with a particular premium payment on which he could have stated the name of a beneficiary in the event of death.

As for right of transfer of asset, he would have had a legal written will in his savings account asset instructing the financial institution to transfer his asset to a particular named beneficiary (s).

answerindividual preferences are not revealed in the market for the good;

answermarket demand;