Posted: March 22nd, 2017
Deliverable Length: 4–5 pages
Key Assignment
Note: The Key Assignment encompasses components from Week 4 and Week 5.
Scenario
Bob and Barbara Parker are in their 30s and have been married for 7 years. They have 2 children. They own 2 cars and a home valued at $500,000. Bob owns 50% of a garage door installation company valued at $2,000,000. The business provides the Parkers with a gross annual income of $150,000 per year. The Parkers have $300,000 in their retirement account and $100,000 in their personal checking account. Bob’s partner, Rick Wilson, owns the other 50% of the business. Bob has a $250,000 term life insurance policy but no other insurance coverage.
Part 1 (Week 4)
Part 2 (Week 4)
Complete a chart with recommended coverage and amounts of coverage.
Part 3 (Week 5)
Place an order in 3 easy steps. Takes less than 5 mins.