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1. Having known that you are a student of personal finance, your neighbour invites you for a Green Tea together and after some general

1. Having known that you are a student of personal finance, your neighbour invites you for a Green Tea together and after some general discussions she seeks your advise. She is 52 years, quite healthy, and has 2 daughters and a son while the husband is physically challenged. The children are many a times indifferent towards many matters in the family however she holds them all together on important matters in the family. When you discuss with her about Estate Planning, you are surprised that she is quite unprepared. What would you advise her and how would you convince her to implement your suggestions. 4 MARKS

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