Tag: Estate/Insurance Planning

do this part only： Estate/Insurance Planning • Prepare a balance sheet including all of the family’s assets and financial interests • Protect the value of John’s interest in the auto supply business in case of his early passing • Obtain adequate insurance coverage on both John and Jane’s life so the family is able to maintain their current lifestyle (spending level/income replacement) o Prepare a schedule that will detail adequate life insurance coverage for each John and Jane • Review appropriate asset titling and beneficiary designations

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