1. Which of the following is the best recommendation for a 40-year-old single mom who has two young children and who is terminally ill?

a. Purchasing life insurance to provide for her children.

b. Revising the will to add trust provisions which qualify for the marital deduction.

c. Creating a living will to direct her desires for medical treatment.

d. Purchasing long-term care insurance to help cover her medical bills

2 A parent of a 10-year-old child with special needs should consider all of the following financial planning techniques, EXCEPT:

a. Creating a special needs trust for the benefit of the child.

b. Creating a will for the child.

c. Creating a letter of intent describing all of the things a new caregiver should know.

d. Purchasing life insurance on the parent's life.