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A client in the distribution/gifting phase is characterized by: a. Low cash flow and low debt to net worth. b. High cash flow
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Answer #1

c. High cash flow and low debt to net worth.

A client in the distribution / gifting phase is characterized by high cash flow and low debt and high net worth.

Accumulation phase has low cash flow , high debt, low net worth.

Conservation phase has high cash flow , high net worth, and decreasing debt.

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