Finance Assignment Help 22
Despite Peter Ma’s busy schedule with his financial planning firm, he volunteers five hours a week in a community centre to help answer questions about retirement planning from the individuals in his community. Today, several individuals ask the following questions. Help Peter Ma answer these questions.
(a) ‘I am 30 years old. My monthly salary is $9,000. I make a 5% contribution to an MPF scheme. I have directed all the funds from my employer and me into an equity fund. The scheme estimates that there will be, on average, a 7% return every year. How much will I have when I retire at 65?’ State your assumptions when you do the calculations?
(b) ‘I have saved regularly for the last 30 years. The total of my retirement funds is now $10,000,000. I plan to retire next month, and I am afraid that I may use up the $10,000,000 funds I have. Is there any way to address this issue?
(c) ‘I have accumulated enough funds for a comfortable retirement. I plan to move to mainland China to retire in the next few years. Besides the monetary factors, what other qualitative aspects do I need to consider?
How it Works
How It works ?
Step 1:- Click on Submit your Assignment here or shown in left side corner of every page and fill the quotation form with all the details. In the comment section, please mention product code mentioned in end of every Q&A Page. You can also send us your details through our email id firstname.lastname@example.org with product code in the email body. Product code is essential to locate your questions so please mentioned that in your email or submit your quotes form comment section.
Step 2:- While filling submit your quotes form please fill all details like deadline date, expected budget, topic , your comments in addition to product code . The date is asked to provide deadline.
Step 3:- Once we received your assignments through submit your quotes form or email, we will review the Questions and notify our price through our email id. Kindly ensure that our email id email@example.com and firstname.lastname@example.org must not go into your spam folders. We request you to provide your expected budget as it will help us in negotiating with our experts.
Step 4:- Once you agreed with our price, kindly pay by clicking on Pay Now and please ensure that while entering your credit card details for making payment, it must be done correctly and address should be your credit card billing address. You can also request for invoice to our live chat representatives.
Step 5:- Once we received the payment we will notify through our email and will deliver the Q&A solution through mail as per agreed upon deadline.
Step 6:-You can also call us in our phone no. as given in the top of the home page or chat with our customer service representatives by clicking on chat now given in the bottom right corner.
Features for Assignment Help
We believe in providing no plagiarism work to the students. All are our works are unique and we provide Free Plagiarism report too on requests.
We believe in providing perfect, relevant and 100% accurate solutions to the student as per questions asked. All our experts are perfect in providing that so as to give unique experience to the students.
We are the only service providers boasting of providing original, relevant and accurate solutions. Our three stage quality process help students to get perfect solutions.
All our works are kept as confidential as we respect the integrity and privacy of our clients.
- Physics Assignment Help
- Chemistry Assignment Help
- Engineering Assignment Help
- Psychology Assignment Help
- Online exam Help
- Marketing Assignment Help
- Arts Assignment Help
- Sociology Assignment Help
- Project Management Assignment
- Case Study Help
- Nursing Assignment Help
- Research Assignment Help
- Operations Management Assignment help
- Accounting Assignment Help
- Biology Assignment Help
- Mathematics Assignment Help
- English Assignment Help
- Business Plan Help
- Essay Writing Help
- Human Resource Assignment Help
- Accounting Homework Help
- Computer Science Assignment Help
- Finance Assignment Help
- Economics Assignment Help
- Statistics Homework Help
- Management Assignment Help
- Strategy Management Assignment Help
- Auditing Assignment Help
- Information Management Assignment Help
- Online Assignment Writing help
- Best Assignment Help
- Humanities Assignment help
Tom Lee consults Peter Chan, a new client, regarding his estate planning needs. Peter is a very successful small business owner. Peter has awonderful wife and a 14-year-old son. Peter consulted another financial planner a few years ago. He, however, does not know much about estate planning except the importance of having a will. Nonetheless, he’s heard various terms such as ‘probate estate’, ‘non-probate estate’, ‘living will’ and ‘durable power of attorney’. Hence he asks Tom Lee the following questions:
(a) What are the differences between a probate estate and a non-probate estate? What are the advantages of having a non-probate estate relative to a probate estate?
(b) What are the differences between a living will and a durable power of attorney?
Peter Chan wants to have a living will. Peter shows Tom Lee the living will of John King, one of Peter’s friends. The following is the living will:
I, John King, am of sound mind, and I voluntarily make this declaration.
If I become terminally ill or permanently unconscious as determined by my doctor and at least one other doctor, and if I am unable to participate in decisions regarding my medical care, I intend this declaration to be honoured as the expression of my legal right to consent to or refuse medical treatment.
My desires concerning medical treatment are:
Continue to try every possible medical treatment to keep me alive.
My family, the medical facility, and any doctors, nurses and other medical personnel involved in my care shall have no civil or criminal liability for following my wishes as expressed in this declaration.
I understand that I cannot change my mind at any time.
Photo static copies of this document, after it is signed, shall have the same legal force as the original document.
I sign this document after careful consideration. I understand its meaning and I accept its consequences.
(a) Before Tom Lee drafted the living will for Peter, he found several errors in the above sample. State these errors and recommend the changes needed?
Product Code :Fin22
To get answer for this question, kindly click here (Note: Don’t forget to write the product code in comment section)
You can also email us at email@example.com but please mentioned product code in the mail body while sending emails.You can browse more questions to get answer in our Q&A sections here.