This situation calls especially for an estate plan based on the people planning perspective.

Question

Quizplus · Accepted Answer

The working couple with a handicapped child requires an estate plan that ensures the care and financial provision for their child even after their death. This may involve setting up a special needs trust and designating a guardian or trustee to manage the trust in the future.

Answer: C
 A single person with some property may still benefit from an estate plan that outlines their wishes for distribution of assets and provides for any charitable donations or bequests. It may also include designating someone to handle their affairs if they become incapacitated.

Answer: E
 The mother and daughter who share housing may benefit from an estate plan that ensures the security of their living situation, as well as plans for the distribution of assets and designation of any necessary guardians or trustees.

This Situation Calls Especially for an Estate Plan Based on the People