Questions for Financial Advisors

Is your financial advisor an experienced professional with a detailed understanding of

current tax laws and financial strategies, the know-how essential to helping you achieve the most complex goals?

Does your financial plan encompass all the facets of your financial life, like retirement, survivorship, education, investment, estate, and/or long-term-care planning?

Is that advisor willing to collaborate with your other advisors - accountants, estate

planning attorneys, etc. - to create coordinated, individualized strategies that enable all aspects of your financial life to work together?

Does your estate plan allow you to control and enjoy your money during your lifetime while allowing for the efficient transfer of your estate’s assets before and after your death?

If you are nearing retirement or are currently retired, do you have a personalized plan to receive your funds in a way that helps minimize your risk of running out of money during your lifetime?

In rocky market conditions, how often do you discuss your investment portfolio with your financial advisor? Is your advisor responsive and attentive to your concerns?

Has your financial advisor discussed long-term strategies to help alleviate the financial and emotional toll of an extended-care event?

Is your plan updated and monitored regularly?