Jul 26, 2017
Every estate and financial planner must ask and discuss tough issues with clients.
One of the toughest centers around the client’s health. Without an understanding
about health, the client and/or a family member faces, proper planning isn’t
possible. The impact health issues might have on the client’s finances, life
expectancy and charitable planning profoundly affect what steps are appropriate for
that client. Comprehensive proactive planning should address some of these issues
while they’re theoretical (that is, before the client or a family member receives a
specific diagnosis). This isn’t new or unusual. Every planner discusses disability, life
and long-term-care coverage with clients at appropriate life stages. But more can
and should be done.
Read his commentary here.
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