Beneficiary in rohan situation

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Rohan, age 47, is an entrepreneur with a business that sells children's toys made entirely of wood. The business has its ups and downs but he and his family make a decent living. He wants to invest $100,000 in a segregated fund for a larger house he intends to purchase in 10 years. To name a beneficiary, he can choose among his wife Gita, his sister Anju, his brother Deep and his uncle Raj. Rohan's main objective in making this investment is to have money available for a house purchase, but he is also attracted to segregated funds because of the creditor protection available.

Who is the most suitable person to be named beneficiary in Rohan's situation?

Reference no: EM133003005

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