Case Study 2 Questions - Objective 3

Question 1

Identify the factors that an adviser would consider when advising them on their objective to ensure that the children will receive kabirs estate on death

Answer 1

Question 2

Explain in detail to kabir the implications of not updating his will and nominations following his divorce

Answer 2

Question 3

Explain the actions that kabir should take in respect of his existing will and nominations

Answer 3

Question 4

Outline to kabir why he should review his death benefit nominations and his will on a regular basis

Answer 4

Question 5

Outline to kabir the process that will be used to wind up his estate on death and his assets will be treated for iht purposes

Answer 5

Question 6

Outline to kabir why he should nominate the children as beneficiaries on his expression of wishes

Answer 6

Question 7

Outline the key issues that an adviser should discuss with them at an annual review regarding their objective to ensure the children receive kabirs estate on death

Answer 7