Discuss the essential strategies that wills should employ

Reference no: EM131194667

Financial Planning class. Must be 250 words must cite work

Wills

• From the first e-Activity, Calvin, a married 35 year old homeowner with no children, does not have a will. He has a retirement plan from work, a house payment, car payment, insurance policy, and no savings. Analyze the key reasons why Calvin should have a will, and discuss the essential strategies that he should employ in order to create one. Provide a rationale for your response.

• From the second e-Activity, review the Executer's Checklist, and discuss at least two items you are able to use to draft a will and choose an executor of your estate. Justify your response.

Eacitivites: Watch the Chapter 15 Kiplinger video "Why You Need a Will", (1 min 39 s). Be prepared to discuss.

• Complete the interactive worksheet 15.1 "Executer's Checklist" from Chapter 15. Be prepared to discuss.

Reference no: EM131194667

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