Questions from Personal Finance


Q: Next on the Sampsons’ financial planning checklist is saving for retirement.

Next on the Sampsons’ financial planning checklist is saving for retirement. Dave’s employer offers a 401(k) plan, but Dave has not participated in it up to this point. Now he wants to seriously consi...

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Q: With your help, Dave and Sharon Sampson have now established a

With your help, Dave and Sharon Sampson have now established a financial plan. Among their key financial planning decisions were the following: • Budgeting. They decided to revise their budget to mak...

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Q: With your help, Dave and Sharon Sampson have now established a

With your help, Dave and Sharon Sampson have now established a financial plan. Among their key financial planning decisions were the following: • Budgeting. They decided to revise their budget to mak...

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Q: With your help, Dave and Sharon Sampson have now established a

With your help, Dave and Sharon Sampson have now established a financial plan. Among their key financial planning decisions were the following: • Budgeting. They decided to revise their budget to mak...

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Q: What is a standard family trust? Give an illustration.

What is a standard family trust? Give an illustration.

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Q: How do gifts fit into estate planning?

How do gifts fit into estate planning?

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Q: What is a living will? What are its implications for estate

What is a living will? What are its implications for estate planning?

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Q: What is a power of attorney?

What is a power of attorney?

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Q: What is a durable power of attorney for health care? Why

What is a durable power of attorney for health care? Why is it needed even if you have a living will?

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Q: How should estate plan documents be maintained?

How should estate plan documents be maintained?

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