David Hillard and Timothy Jacobs created Advance Marketing Technology, LLC (AMT). The business became successful. They executed an agreement in which they each agreed to purchase term life insurance policies on the other in the amount of $2,000 so that in the event of the death of either, the other would be able to buy out the deceased member’s shares of AMT. Eventually, AMT’s assets were sold to a third party, and AMT was dissolved. Hillard asked Jacobs whether he wanted to trade the life insurance policies that they held on each other’s life. Jacobs declined and continued to pay the premiums on the policies he held on Hillard’s life. Hillard sued to require Jacobs to convey the life insurance policies to him or cancel the policies. The trial court ordered Jacobs to terminate the policies, and while Jacobs’s appeal was pending, Hillard died.
Write a response answering the following question: What course of action can Jacob take since Hillard has expired.
Practice Services, Business Structure
After you have completed your weekly readings and viewed video’s you should be able to discuss these topics. This discussion has 3 parts.
1. If you could choose, what type of Clinical Practice would you want to create with a group partnership of ARNP’s? (selected an Internal Medicine and Mental Health Clinical Practice owned by two Nurse practitioner) Provide at least two reasons for selecting the Clinical Practice you are recommending (The clinic will be located in Miami-Dade county, Florida, specifically in North Miami Beach, where the population is like a melting pot with different minorities ethnic groups, like Hispanic and Afro-American. T
his communities do not have a deserved access to health care services due to lack of MD, Doctor in Medicine, available in this area and also the annual salaries of this families are less than 35000 dollars, making hard to afford a good medical insurance for them) elaborate this work with my above thoughts, thanks
2. With the mindset of a competitive analysis, what competitive advantage do you see with an all APRN Practice? ( use the two references that downloaded in the site and also a PPP of this discussion attached). use another 2 references talking about the importance of the Nurse Practitioner force in United States to fill the lack of MD in our country.
3. Review business structures: to an external site.) (Links to an external site.). Two of the most likely business models selected for a group practice are S-Corporations and LLC.
State why you think these are the two most likely used to facilitate a successful advanced practice environment in the APRN Center and which one would you recommend? develop this topic, choose two references no more than 5 years old,personally recommend the LLC, convey its advances over the other types. Thanks.
It will be 6 references, include in the work the two references that attached to this order,
