Identify, explain and evaluate any problems you can foresee upon the Case Study

Identify, explain and evaluate any problems you can foresee upon the death, disability or retirement of Jessica - Case Study manikinIn the case of retirement, obviously if she had secured a permanent job. Walter lead most presumable switch to a better paying job, in order to moderate the family from any event that might have affected Jessica. Or based on his assumption of a current employment, he will ask for a salary increase.Their house, based on their current valuation indicates that it appreciates at approximately $9000 each year. If she is to retire at the age of 60 and the rate of inflation stayed fixed, it will be valued at $478000.Within this time, their 15-year mortgage plan will have been fully cleared. Other joint investments will with BMO, will stay the same, while sensation of the cars, preferably Jessicas, and will be sold off to keep family finances afloat. The expenses will be borne heavily by Walter, since Jessica will have less to set off from.The insurance pr emiums and other deductions will likely continue especially the monthly taxes as well as household needs. Whether the weight will be borne by the two entirely depends on the presence and ability of Jessica. In case of death, her tax deductions as well as her car benefits will be compress short, while the weight will shift to Walter, who is likely to start cutting down on the expense.The will they made, even though not up to date, encompasses what makes up their life. As a result, it will come into operation in the case of her death, with Walter and the kids taking full shares in the marital property. In such a situation, Walter is likely to revise the will and entitle the kids to full administration of estate in case of his unavailability too.Assuming Jessica too plans to retire at 60 and things bear on the same, she wont be entitled to any benefits, since she is not in any pension plan. In case of her demise, the spousal plan currently beingness paid for her by her husband will stop.The available group health insurance policy will cover Jessica, unless she is dead. The