3: Scott is a partner in a small legal firm with three (3) other owners. The firm is valued at $4 million dollars due to its niche marketing and longevity of the firm. Several of the partners have second and third marriages. Eva is the Chief Operating Officer and has been with the firm for over 25 years overseeing and managing the growth. The partners each earn $300,000 annually with Eva making $50,000 quarterly.

-Explain how you (the financial planner) would position the applicable and needed insurance solutions to fit both the client's budget and needs.

-Explain why and how you came up with your proposed solution.

-Use real-time experiences (if applicable) to explain past solutions.