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LONG-TERM CHILDCARE Project Submitted by:  Yves JusteSubmitted on:  October 12, 2009
Executive Summary Proposed plan for long-term childcare for my son  Provide my son with a steady and secure future with Financial Planning for long-term childcare   Project start & end dates – June 23 – October 19, 2009 Total projected cost of Project - $13,981.25 Plus $2,500 Contingency Fund  Benefits of the Project – long-term security to achieve good education, health, wellness, safety, and comfort Purpose – To carefully, thoroughly and financially plan for long-term childcare for my son in case of tragedy or in my absence Personal & beneficial reasons for developing a Contingency Plan: To provide my son with a secured and prominent future  To ensure a trusting and secure long-term support system for my son in my absence 2
resources Financial Planning Resources:  ($5,982.50) Financial Planner w/Wealth Management Associates of America– To manage, monitor & control my Portfolio (Investments & Estates) Bank Appointed Trustee w/USAA Federal Savings Bank – To manage, monitor & control Trust and regular Savings Accounts & 529 College Fund Legal Resources: ($7,943.75) Paul Hastings et al. LLP - Attorneys representing Project Planner & in charge of finalizing Project Jonathan Kane & Associates P.A. - Attorneys representing Trustees Otterbourg Steindler et al. P.C. – Attorneys representing Silent Trustee Trustees (Agreed Upon Caretakers): (See legal resources above – ($1,133.75)) Lourdes Cesar – Primary Trustee Marcelle Cesar – Secondary Trustee Alan Sajous – Contingent Trustee 1 Fabrice Laguerre – Contingent Trustee 2 Paule Lovince – Silent Trustee Other Resources: ($55.00) USAA Life Insurance - (a) Whole Life Insurance & (b) Home Life Insurance Liberty National Insurance Company - (a) Accidental w/Burial Insurance & (b) Monthly Income Insurance 3
Milestones/schedule Long-term Childcare Project Planning for my son - June 23, 2009 Consultation with Financial Planner  - June 23, 2009 Establish financial planning services with Financial Planner - June 25, 2009  Communication with/research life insurance companies - June 29, 2009 Selection of life insurance companies - July 2, 2009 Consultation with attorney Re: potential recorded Revocable Will  - July 17, 2009 Establish Bank Trustee (appointed by USAA) - July 29, 2009 Selection of life insurance policies - August 5, 2009 Medical examination with insurance physician/nurse - August 14, 2009 Establish Silent Trustee (confidential) – August 27, 2009 Establish Caretakers/Trustees (legal expenses paid in full by PM) – August 28, 2009 Meeting with attorney regarding details and terms of Will to be recorded, Power of Attorneys and Silent Trustee to be included - September 9, 2009 Effective Date of life insurance policies - October 1, 2009 Effective Date of recorded Revocable Will - October 2, 2009 All Stakeholders shall receive Notice of Recorded Revocable Will and copies of Power of Attorney, accordingly - October 19, 2009 4
Budget 5
Value-add statement My personal and beneficial reasons for developing this Contingency Plan is to establish and provide my son with a secured and prominent future.  I shall establish a trusting and secure long-term support system for my son in case of a tragedy or in my absence. In planning this Project, I am confident that my son shall be provided with a safe environment, good upbringing, secure and prominent future.  6

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Long-Term Childcare Project

  • 1. LONG-TERM CHILDCARE Project Submitted by: Yves JusteSubmitted on: October 12, 2009
  • 2. Executive Summary Proposed plan for long-term childcare for my son Provide my son with a steady and secure future with Financial Planning for long-term childcare Project start & end dates – June 23 – October 19, 2009 Total projected cost of Project - $13,981.25 Plus $2,500 Contingency Fund Benefits of the Project – long-term security to achieve good education, health, wellness, safety, and comfort Purpose – To carefully, thoroughly and financially plan for long-term childcare for my son in case of tragedy or in my absence Personal & beneficial reasons for developing a Contingency Plan: To provide my son with a secured and prominent future To ensure a trusting and secure long-term support system for my son in my absence 2
  • 3. resources Financial Planning Resources: ($5,982.50) Financial Planner w/Wealth Management Associates of America– To manage, monitor & control my Portfolio (Investments & Estates) Bank Appointed Trustee w/USAA Federal Savings Bank – To manage, monitor & control Trust and regular Savings Accounts & 529 College Fund Legal Resources: ($7,943.75) Paul Hastings et al. LLP - Attorneys representing Project Planner & in charge of finalizing Project Jonathan Kane & Associates P.A. - Attorneys representing Trustees Otterbourg Steindler et al. P.C. – Attorneys representing Silent Trustee Trustees (Agreed Upon Caretakers): (See legal resources above – ($1,133.75)) Lourdes Cesar – Primary Trustee Marcelle Cesar – Secondary Trustee Alan Sajous – Contingent Trustee 1 Fabrice Laguerre – Contingent Trustee 2 Paule Lovince – Silent Trustee Other Resources: ($55.00) USAA Life Insurance - (a) Whole Life Insurance & (b) Home Life Insurance Liberty National Insurance Company - (a) Accidental w/Burial Insurance & (b) Monthly Income Insurance 3
  • 4. Milestones/schedule Long-term Childcare Project Planning for my son - June 23, 2009 Consultation with Financial Planner - June 23, 2009 Establish financial planning services with Financial Planner - June 25, 2009 Communication with/research life insurance companies - June 29, 2009 Selection of life insurance companies - July 2, 2009 Consultation with attorney Re: potential recorded Revocable Will - July 17, 2009 Establish Bank Trustee (appointed by USAA) - July 29, 2009 Selection of life insurance policies - August 5, 2009 Medical examination with insurance physician/nurse - August 14, 2009 Establish Silent Trustee (confidential) – August 27, 2009 Establish Caretakers/Trustees (legal expenses paid in full by PM) – August 28, 2009 Meeting with attorney regarding details and terms of Will to be recorded, Power of Attorneys and Silent Trustee to be included - September 9, 2009 Effective Date of life insurance policies - October 1, 2009 Effective Date of recorded Revocable Will - October 2, 2009 All Stakeholders shall receive Notice of Recorded Revocable Will and copies of Power of Attorney, accordingly - October 19, 2009 4
  • 6. Value-add statement My personal and beneficial reasons for developing this Contingency Plan is to establish and provide my son with a secured and prominent future. I shall establish a trusting and secure long-term support system for my son in case of a tragedy or in my absence. In planning this Project, I am confident that my son shall be provided with a safe environment, good upbringing, secure and prominent future. 6