If Brad really wishes to provide for his nephews’ college education, how can a will help him achieve that goal? What else might Brad consider to ensure his nephews’ college education?
Answer to relevant QuestionsWhy might you need to revise your financial plan? How would your advice in questions 1 and 2 change if Brad was 40 years old? How does purchasing car insurance and homeowner’s insurance help protect and maintain your wealth? Discuss some methods for maintaining and protecting your wealth. What is the insurance trade off? How are the Sampsons’ liquidity and investment decisions related?
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