Finc 355 Estate Planning - Case Study

Directions for Completing Case Study 1.

Decide WHO (the Charity, the Children or the Spouse) gets WHICH of the Johnson's estate assets (the Traditional Retirement Plan, the Roth IRA and the Non-Retirement assets) and Discuss the reason for your decision based on your knowledge of taxation of these assets if they are left to each of the various parties.  In other words this is a taxation Case.  Why would it make more sense to leave Asset 1 to Party 1 rather than Party 2 or Party 3.  And the same for Assets 2 and 3.  

Your Answer should be able to fit on a single page if single spaced (or two pages if double spaced). DO NOT submit the entire case - just submit your Answer.

You will be graded on the correctness of your reasoning and understanding of tax and retirement laws.   Having the correct argument (facts and logic) is more important than getting the correct answer.