A good friend of your family has died unexpectedly. He was only 42 years old, and he
Question:
A good friend of your family has died unexpectedly. He was only 42 years old, and he had a wife and 2 young children. He had life insurance but never got around to writing a will or other estate documents. This situation makes you uneasy because you are about the same age, with a family, and also have not made any plans for your own death or incapacity. Another friend suggests that this would be a very good time to create a comprehensive estate plan. Based on the Learn items from this module, write a note to your friend explaining why you aren't ready right now to deal with this.
Explain some of the issues that are keeping you from focusing on an estate plan.
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu