Mike and Judy want to provide for their special needs child…
Mike and Judy want to provide for their special needs child with life insurance in a special needs trust and they think a capitalized earnings approach should be used. Their child’s before-tax income need is estimated to be $60,000 annually. If the policy proceeds will be invested in a portfolio yielding 4%, what amount of life insurance should be purchased to fund the trust? (Assume no inflation.)
Read DetailsBecause the course is online, you can expect to do a good bi…
Because the course is online, you can expect to do a good bit of reading as a Distance Learning student. You can expect regular readings from your textbook and online supplemental materials. You will also spend time reading what other students write in the course. Instead of having oral course discussions, you will have written ones through the course discussion board. The discussion board is the “conversation” of the course and is vitally important.
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