From the information in Case Study 1 for Jennifer and Philip Brown
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From the information in Case Study 1 for Jennifer and Philip Brown

Task 17 ― Completing the fact find

Task 17: Question 1

From the information in Case Study 1 for Jennifer and Philip Brown, complete the following tasks.

(a) Using the client information collection tool/fact finder below, complete:

(i) assets and liabilities

(ii) needs analysis

(iii)         credit representative notes

(iv) anticipated fees and charges

(v) funds to complete.

Client information collection tool/Fact finder

For the client information collections tool/fact finder tasks, you will need to calculate government fees and charges as well as LMI where applicable.

For this assignment, Genworth is your lender’s LMI provider. Please use the Genworth LMI calculator for all LMI calculations. There are links provided in the Toolbox to help you calculate the applicable fees and charges.

Tables

Hint
Accounts & FinanceTax liability is basically the amount of money which is in the form of tax debt one owes to the tax authorities. It is usually the total amount of tax one is liable to pay to the government, where these taxes are applicable to the income earned in a service or the business, capital gains on the stocks, interest income of several investment avenues, income from several other s...

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