Questions to Consider
- Do you have a will?
- Will the executor of your estate be technically and emotionally able to settle your estate at the time of your death?
- Does your current estate plan make use of all five estate planning tools to reduce, or perhaps, eliminate estate taxes?
- Does your current corporate fiduciary make decisions locally or do the real decision makers live somewhere else?
- Who is the quarterback of your financial team? Your CPA? Tax attorney? Insurance agent? Stock broker? Or, has that role defaulted to you? Do you wish you had someone trustworthy and competent to take on that role?
- Are you happy with your investment management? When was the last time you met with the person truly making the investment decisions?
- If something were to happen to you, or your spouse, would you or your family be prepared to carry on?
- Do you spend too much of your time managing your financial matters, yet still worry if it is all done or if it has been done correctly?