Account Managment: Building a Trusted Team

Having a trusted contact person at your bank can help you quickly and easily resolve any problems that may arise in your accounts.

• True

• False

Any time you need to sign an important contract, you should hire an attorney who specializes in the relevant field.

• True

• False

It is recommended that you do your taxes yourself, unless managing them is really difficult without a tax professional’s help.

• True

• False

Raj operates an online business, but is interested in opening a brick-and-mortar store. He would like to find out which states offer the best tax incentives for small businesses. Which financial team member should Raj consult in this situation?

• a) Tax Planner

• b) Insurance Agent

• c) College Planner

• d) Attorney

Zane is helping his mother move to a retirement community. He would like to move into her current home but needs to sell his townhouse first. Which financial team member should Zane consult in this situation? More than one answer is correct.

• a) Tax Planner

• b) Insurance Agent

• c) College Planner

• d) Realtor

George and Anita’s daughter will graduate from high school this summer. She has been accepted to several in-state schools, but George and Anita are concerned about being able to pay her tuition. Which financial team member should George and Anita consult in this situation?

• a) Tax Planner

• b) Insurance Agent

• c) College Planner

• d) Attorney

Aisha recently bought a motorcycle and would like to find out how she can save money by bundling her auto insurance coverage with her home insurance. Which financial team member should Aisha consult in this situation?

• a) Tax Planner

• b) Insurance Agent

• c) College Planner

• d) Attorney

Janice recently finished college and has started a new career as a self-employed individual. She has learned a lot about managing her finances from her uncle, Paul, whom she has looked up to all her life and whom she asks for advice often. As a self-employed professional, Janice deals with many legal contracts sent by her clients, for which she takes help from Timothy. In order to help with her taxes, Janice also hires Lindsay from time-to-time. Based on this information, match the people listed in the first column of the table below to their roles in the second column. i) Paul is __________________

• a) a tax planner

• b) a college planner

• c) an attorney

• d) a financial mentor

Janice recently finished college and has started a new career as a self-employed individual. She has learned a lot about managing her finances from her uncle, Paul, whom she has looked up to all her life and whom she asks for advice often. As a self-employed professional, Janice deals with many legal contracts sent by her clients, for which she takes help from Timothy. In order to help with her taxes, Janice also hires Lindsay from time-to-time. Based on this information, match the people listed in the first column of the table below to their roles in the second column. Timothy is ______________

• a) a tax planner

• b) a college planner

• c) an attorney

• d) a financial mentor

Janice recently finished college and has started a new career as a self-employed individual. She has learned a lot about managing her finances from her uncle, Paul, whom she has looked up to all her life and whom she asks for advice often. As a self-employed professional, Janice deals with many legal contracts sent by her clients, for which she takes help from Timothy. In order to help with her taxes, Janice also hires Lindsay from time-to-time. Based on this information, match the people listed in the first column of the table below to their roles in the second column. Lindsay is _______________

• a) a tax planner

• b) a college planner

• c) an attorney

• d) a financial mentor