I’m trying to study for my Marketing course and I need some help to understand this question.

There are 16 questions. Pick any eight to answer. This is open book. You can take up to 3 hours to answer.

Please answer succinctly.

If you want to use bullet points, please do so.

The questions are designed in the form of your giving advice to a client.

This is focused on your understanding of the practical aspects of the estate planning process and fundamentals of insurance and annuities.

This is not focused as a technical tax examination or require in-depth tax calculations. Where tax is relevant in your answer, then it should be part of the answer.