Quantify current weaknesses in carters estate plan

Assignment Help Financial Management

Reference no: EM131299815

Given is the Case Study.
The Case Study topic is: "Estate Planning".

The basic structure of you project should be as follows:

First identify and quantify current "weaknesses" in Carter's Estate plan.
Outline your ideas and strategies that will make his Estate Plan more effective and efficient.
Summarize how "your plan" is better than the current situation.

Case considerations:
1. Make sure to explain the consequences/benefits/concerns of your estate planning proposal from the perspective of Carter dying first, but also consider how the estate plan plays out if Cathy dies first (after marriage).

2. While future growth in asset value and net worth are difficult to estimate exactly, be sure your assumptions are based on some reasonable standard or market "norms" that are defined in your project.

3. Remember, Carter does not have a valid will nor does he have any valid beneficiary designations since everything was left to his deceased wife, Lisa.

4. It is critical to explain the possible problems that exist with poor planning, prior to explaining the benefits that come from optimal planning.

Attachment:- Project-2016.rar

Reference no: EM131299815

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