Personal Financial Planning
Five must-ask concerns
(NC)-Be careful of estate planners charging little or absolutely nothing to prepare your estate strategy. They are most likely making a commission on the investment products they suggest – which might compromise the neutrality of their guidance. And note that proficient estate coordinators ought to provide a holistic method to estate planning. That is, a goal and experienced consultant provides more than financial investment strategies or financial planning guidance.
When searching for the right estate planning advisor, think about these crucial questions:
Exactly what is your previous estate planning experience and have you worked with customers like me?
Do you have in-depth knowledge of relevant legislation such as earnings tax law, provincial household law and probate acts?
How do you set your costs? Do you sell life insurance, mutual funds or other financial investment items?
I would like to set plan and how can you help me meet those deadlines?
Can you refer me to other experts, as needed, such as an attorney or an accounting professional?
For more details, check out www.GrantThornton.ca. Grant Thornton LLP is a leading Canadian firm of chartered accountants and management specialists.