Question
Chip has done extremely well financially. Chip is now doing some estate planning. Please explain (1) How much Chip's heirs would receive if they received
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Chip has done extremely well financially. Chip is now doing some estate planning. Please explain
(1) How much Chip's heirs would receive if they received $10 Million Dollars in life insurance proceeds versus $10 Million Dollars though probate inheritance.
(2) What other planning tools might Chip employ other than life insurance or leaving things for heirs to inherit?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
7th Edition
013213683X, 978-0132136839
