Personal Financial Planning : How To Find The Right Estate Planner For You
Five must-ask questions
(NC)-Beware of estate planners charging little or nothing to draft your estate plan. They are likely earning a commission on the investment products they recommend - which could compromise the objectivity of their advice. And note that competent estate planners should offer a holistic approach to estate planning. That is, an objective and skillful adviser provides more than investment strategies or financial planning advice.
When looking for the right estate planning adviser, consider these key questions:
- What is your previous estate planning experience and have you worked with clients like me?
- Do you have in-depth knowledge of relevant legislation such as income tax law, provincial family law and probate acts?
- How do you set your fees? Do you sell life insurance, mutual funds or other investment products?
- I would like to set time lines and how can you help me meet those deadlines?
- Can you refer me to other professionals, as needed, such as a lawyer or an accountant?
For more information, visit
www.GrantThornton.ca. Grant Thornton LLP is a leading Canadian firm of chartered accountants and management consultants.
