(See related pages)
After reading this chapter and completing the assignments, you should be able to:
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Explain the differences between various types of life insurance products. |
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Discuss the role of wills, trusts, and specialized trusts in estate planning. |
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Identify the advantages and disadvantages of the various tools used in estate planning. |
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Identify which estate planning tool should be considered based on a given client fact situation. |
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Recognize common terminology associated with estate planning. |
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Explain the reasons people have for planning for the future. |
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Discuss how federal estate tax impacts the estate plan. |