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Question: Your client, Nate Matthews has two families: a wife and children as well as a girlfriend who is the mother of his additional children. Neither the wife nor girlfriend are your clients. He decides to purchase a $2,000,000 life insurance policy naming his girlfriend as the beneficiary.

1. What are the relevant facts?

2. What are the ethical issues? Who are the primary stakeholders?

3. What are the possible alternatives?

4. What are the ethics of the alternatives?

5. What are the practical constraints?

6. What action(s) should you as the financial advisor take in each case?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92793836

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