{"id":54279,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/application"},"modified":"2017-08-16T13:13:45","modified_gmt":"2017-08-16T13:13:45","slug":"application","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/application\/","title":{"rendered":"application"},"content":{"rendered":"<p>Deliverable Length:&nbsp;4\u20135 pages<\/p>\n<p><b>Key Assignment<\/b><\/p>\n<p><b>Note:<\/b>&nbsp;The Key Assignment encompasses components from Week 4 and Week 5.<\/p>\n<p><b>Scenario<\/b><\/p>\n<p>Bob and Barbara Parker are in their 30s and have been married for 7 years. They have 2 children. They own 2 cars and a home valued at $500,000. Bob owns 50% of a garage door installation company valued at $2,000,000. The business provides the Parkers with a gross annual income of $150,000 per year. The Parkers have $300,000 in their retirement account and $100,000 in their personal checking account. Bob\u2019s partner, Rick Wilson, owns the other 50% of the business. Bob has a $250,000 term life insurance policy but no other insurance coverage.<\/p>\n<p><b>Part 1 (Week 4)<\/b><\/p>\n<ul>\n<li>What should the Parkers consider when deciding what insurance coverage they need?<\/li>\n<li>Do they have sufficient insurance coverage? If not, what type of insurance coverage do you recommend for them?<\/li>\n<li>How can they keep their insurance costs down?<\/li>\n<\/ul>\n<p><b>Part 2 (Week 4)<\/b><\/p>\n<p>Complete a chart with recommended coverage and amounts of coverage.<\/p>\n<p><b>Part 3 (Week 5)<\/b><\/p>\n<ul>\n<li>Discuss taxation of life insurance proceeds and disability insurance payments.<\/li>\n<li>Assume that Bob\u2019s 50% partner in the business is his old college friend Rick Wilson.<\/li>\n<li>Rick\u2019s wife, Delores, has no interest in running the business. Do the Parkers need a buy-sell agreement? Describe the types of buy-sell agreements.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Deliverable Length:&nbsp;4\u20135 pages Key Assignment Note:&nbsp;The Key Assignment encompasses components from Week 4 and Week 5. Scenario Bob and Barbara Parker are in their 30s and have been married for 7 years. They have 2 children. They own 2 cars <a href=\"https:\/\/www.benedictsol.com\/blogs\/application\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-54279","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/54279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=54279"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/54279\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=54279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=54279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=54279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}