Questions from Personal Finance

Q: Why should you name a guardian?

Why should you name a guardian?

Q: What is the difference between a revocable and an irrevocable trust?

What is the difference between a revocable and an irrevocable trust?

Q: What are the four major types of trusts?

What are the four major types of trusts?

Q: What are the four major types of taxes to consider in estate

What are the four major types of taxes to consider in estate planning?

Q: For many investors, mutual funds have become the investment of choice

For many investors, mutual funds have become the investment of choice. In your own words, describe why investors purchase mutual funds.

Q: 1. In the past, many workers chose to stay with

1. In the past, many workers chose to stay with their employer until retirement. What was the major reason for employees’ loyalty? 2. How did Maureen amass $1.4 million for retirement, while Therese...

Q: Prepare a written report of personal information that would be helpful to

Prepare a written report of personal information that would be helpful to you and your heirs. Be sure to include the location of family records, your military service file, and other important papers...

Q: How will your spending patterns change during your retirement years? Compare

How will your spending patterns change during your retirement years? Compare your spending patterns with those shown in Exhibit 14-2.

Q: Prepare a list of questions you could use to interview an account

Prepare a list of questions you could use to interview an account executive about career opportunities in the field of finance and investments.

Q: In September, the board of directors of Chaparral Steel approved a

In September, the board of directors of Chaparral Steel approved a 2-for-1 stock split. After the split, how many shares of Chaparral Steel stock will an investor have if she or he owned 400 shares b...