Planit:Entering Other Revenues Exercise

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Country Specific

Canada English

=== Solve for the following problem: === Debbie is expecting to receive a {{{inheritance amount}}} inheritance from her parents in about {{{years till inheritance}}} years. What did you enter for the following data entry fields for the inheritance? Amount Per Year: $_____ To Year:_____ Percent Taxable:_____%  % Amount on Disability:_____% Model As:_____ Contents 1 Solve for the following problem: 2 Solve for the following problem: 3 Solve for the following problem: 4 Solve for the following problem: 5 Solve for the following problem: 6 Solve for the following problem: Solve for the following problem: Julie Evans plans to sell her residence when she retires at age {{{retirement age}}}, and buy a small houseboat instead. The houseboat is worth {{{value of houseboat}}}, and her current residence {{{value of residence}}}. There are no assumed transaction costs. Input this data into the Pensions and Other Revenues screen for the client. What did you enter for the following data entry field for the residence downsize? Amount Per Year: $____ To Year:____ Percent Taxable:____%  % Amount on Disability:____% Model As:____ Solve for the following problem: {{{age}}}-year old Kathy Black owns a small Spa with an ACB of {{{amount taxable}}} that she plans to sell when she retires at age {{{retirement age 2}}}. The business is currently worth {{{value of business}}}. She expects the business will grow at a rate of {{{growth rate}}} every year. What would you put into the following data fields on the detailed Pensions screen? To Year:____ Percent Taxable:____%  % Amount on Death:____% Model As:____

United States of America
{{{United States Workbook Template}}}

Argentina
{{{Argentina Workbook Template}}}

Brazil
{{{Brazil Workbook Template}}}

United Kingdom

=== Solve for the following problem: === Kathy is expecting to receive a {{{inheritance amount}}} inheritance from her parents in about {{{years till inheritance}}} years. What did you enter for the following data entry fields for the inheritance? Amount Per Year: $_____ To Year:_____ Percent Taxable:_____%  % Amount on Disability:_____% Model As:_____ Solve for the following problem: Julie Evans plans to sell her residence when she retires at age {{{retirement age}}}, and buy a small houseboat instead. The houseboat is worth {{{value of houseboat}}}, and her current residence {{{value of residence}}}. There are no assumed transaction costs. Input this data into the Pensions and Other Revenues screen for the client. What did you enter for the following data entry field for the residence downsize? Amount Per Year: $____ To Year:____ Percent Taxable:____%  % Amount on Disability:____% Model As:____ Solve for the following problem: {{{age}}}-year old Kathy Woodhaven owns a small Spa with an ACB of {{{amount taxable}}} that she plans to sell when she retires at age {{{retirement age 2}}}. The business is currently worth {{{value of business}}}. She expects the business will grow at a rate of {{{growth rate}}} every year. What would you put into the following data fields on the detailed Pensions screen? To Year:____ Percent Taxable:____%  % Amount on Death:____% Model As:____

Russia
{{{Russia Workbook Template}}}

China
{{{China Workbook Template}}}

Malaysia
{{{Malaysia Workbook Template}}}

Singapore

=== Solve for the following problem: === May Wang is expecting to receive a {{{inheritance amount}}} inheritance from her parents in about {{{years till inheritance}}} years. What did you enter for the following data entry fields for the inheritance? Amount Per Year: $_____ To Year:_____ Percent Taxable:_____%  % Amount on Disability:_____% Model As:_____ Solve for the following problem: {{{Female Name 2}}} {{{Last Name 1}}} plans to sell her residence when she retires at age {{{retirement age}}}, and buy a small houseboat instead. The houseboat is worth {{{value of houseboat}}}, and her current residence {{{value of residence}}}. There are no assumed transaction costs. Input this data into the Pensions and Other Revenues screen for the client. What did you enter for the following data entry field for the residence downsize? Amount Per Year: $____ To Year:____ Percent Taxable:____%  % Amount on Disability:____% Model As:____ Solve for the following problem: {{{age}}}-year old Alvin Cheng owns a small Spa with an ACB of {{{amount taxable}}} that she plans to sell when she retires at age {{{retirement age 2}}}. The business is currently worth {{{value of business}}}. She expects the business will grow at a rate of {{{growth rate}}} every year. What would you put into the following data fields on the detailed Pensions screen? To Year:____ Percent Taxable:____%  % Amount on Death:____% Model As:____

Hong Kong
{{{Hong Kong Workbook Template}}}

India
{{{India Workbook Template}}}

Caribbean
Jamaica {{{Jamaica Workbook Template}}} Trinidad and Tobago {{{Trinidad and Tobago Workbook Template}}} Barbados {{{Barbados Workbook Template}}} Bermuda {{{Bermuda Workbook Template}}} Bahamas {{{Bahamas Workbook Template}}} Puerto Rico {{{Puerto Rico Workbook Template}}}

Check the accuracy of your client against the answer key