The elements of estate planning for military officers
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Authors
Thiel, Louis H. C.
Subjects
Advisors
Senger, John D.
Date of Issue
1965
Date
Publisher
Monterey, California : Naval Postgraduate School
Language
en_US
Abstract
Estate planning for a military officer and his family has the same
fundamental objective of financial security as any estate program. The
officer's estate has a sizeable foundation varying with pay grade and
length of service. Some of this foundation is applicable only as a result
of the officer's death on active military duty. Social Security benefits
and military retirement pay are also estate considerations. An estate model can be constructed depicting "estate needs" and
"present estate". The present estate normally is much less than that
desired for the "peace of mind" so necessary for a dedicated military
career. Some types of insurance and investments are more compatable with
the officer's career and estate goals than others. A critical analysis
of estate needs and a positive action on the selected estate building
techniques can insure the officer and his family financial security
for the rest of their lives.
Type
Thesis
Description
Series/Report No
Department
Business Administration and Economics