While performing needs analysis, when determining the financial resources that will be available after your death to offset your family's total economic needs, you would generally ignore:
A) Social Security survivor's benefits .
B) the children's educational qualifications.
C) the earning ability of the surviving spouse.
D) money from savings and investments.
E) possible proceeds from employer-sponsored group life insurance policies.

Question

Quizplus · Accepted Answer

The educational qualifications of the children are not relevant when determining the financial resources that will be available after your death to offset your family's total economic needs. Other factors such as Social Security survivor's benefits, the earning ability of the surviving spouse, money from savings and investments, and possible proceeds from employer-sponsored group life insurance policies are more important to consider.

While Performing Needs Analysis, When Determining the Financial Resources That