This comprehensive case project will allow you to apply the concepts you learned in this course. Cases similar to this may appear on the Certified Financial Planner (CFP®) examination or other professional level certification exams. Benny and Martha Franklin have come to you for assistance. They are looking for guidance regarding their estate plan. Review the Benny and Martha Franklin case found in Dalton and Langdon (2016) starting on page 550.Directions for the CaseYour assignment is to list Benny and Martha’s estate planning goals. Goals that should be addressed are stated on page 552. You should also identify any other goals that a client might have given the facts and assumptions of the case. Next, you should summarize the current situation. Be brief, but include all applicable information that someone not familiar with the case would need to know.Calculate their probate and gross estate. Provide enough detail so someone can determine what items were included in the calculations. Show your work.You should detail recommendations for the clients. What are the steps Benny and Martha should take immediately and over the long term to reduce their gross estate and achieve their goals. Be specific and quantify the impact of each recommendation. You should identify what documents should be completed and why each document is needed. Also identify what professionals Benny and Alex will need to see to complete their estate planning goals. If you recommend they see an attorney, explain why you are making the referral and what actions the attorney will have to implement. If you recommend they use a trust(s), identify what type of trust you recommend, how the trust works, and why they would benefit from the use of the trust. Don’t worry about preparing a gift or estate tax return (whew!). Your case assignment should be written in Microsoft Word (or other format that is able to be viewed in MS Word). Write the document like you would be sending it to the client. Neatness, spelling, and grammar are important – they make an impression on your client. Maximum length of the document is 10 pages. Clients value clear, concise writing.

Case Study on Creating a Wage and Salary Pay Grade SystemThis assignment will involve the creation of a simple wage and salary program. You will complete this assignment utilizing Excel. You will find the grading rubric for this assignment following the case study.Case Study:This organization has 10 different positions; due to the lack of having an HR professional who understands compensation issues, it is without any salary structure for the employees.The job titles are:OperatorMechanicElectricianSupervisorAdministrative AssistantSales ProfessionalSales ManagerHR ManagerOperations ManagerPresidentYour task is to identify the ranking order of these jobs in the business based on least to most value to the organization.This is accomplished by the following:1.You will need to do some research at salary.com and benchmark these positions using regional data or national data and rank the salaries of the employees.2.You can use an objective point system to assign points, using compensable factors for the jobs as well.3.Next, you will tally the points for each position and assign these jobs to specific pay grades.Now you have created an example of how a compensation professional creates pay grades for internal consistency and external competitiveness.