Estate/Insurance Planning. Estate/Insurance Planning.
do this part only：
• 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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