RM PH 5 Proj (Phyllis Young ONLY!)
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Part 3 (Week 5)
- Discuss taxation of life insurance proceeds and disability insurance payments.
- Assume that Bob’s 50% partner in the business is his old college friend Rick Wilson.
- Rick’s wife, Delores, has no interest in running the business. Do the Parkers need a buy-sell agreement? Describe the types of buy-sell agreements.
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