Final answer:
The typical cash needs of one's estate include funeral expenses, legal fees, outstanding debt, and estate and inheritance taxes, hence the correct answer is E) All of the above.
Step-by-step explanation:
The typical cash needs of one's estate include funeral expenses, legal fees, outstanding debt, and estate and inheritance taxes. When a person passes away, their estate is responsible for covering these costs. Funeral expenses can include the cost of a casket, burial or cremation, and the funeral service. Legal fees may be incurred for the probate process and for the legal transfer of assets. Outstanding debt, such as credit card debt or personal loans, must be settled. Additionally, estate and inheritance taxes might be applicable depending on the jurisdiction and the value of the estate. Considering these factors, E) All of the above is the correct answer.