Question: *PLEASE ONLY ANSWER NUMBERS TWO AND THREE. DATE NAME THE SAMPSONS-A Continuing Case: Chapter 20 MyLab Finance Dave and Sharon Sampson want to make sure
*PLEASE ONLY ANSWER NUMBERS TWO AND THREE.
DATE NAME THE SAMPSONS-A Continuing Case: Chapter 20 MyLab Finance Dave and Sharon Sampson want to make sure that their family is properly cared for in the event of their death. They recently purchased term life insurance and want to make sure that the funds are allocated to best serve their children in the long run. Specifically, they have set the following goals: First, they want to make sure that a portion of the insurance proceeds is set aside for the children's education. Second, they want to make sure that the insurance proceeds are distributed evenly over several years, so that the children do not spend the money too quickly. 1. Advise the Sampsons about how they can plan their estate to achieve their financial goals. 2. What important considerations are the Sampsons overlooking in their estate planning goals? 3. Dave recently met with an estate planner who offered to create an elaborate estate plan without asking Dave specific questions. What should Dave have done before meeting with the estate planner
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