Estate Planning Review - Five Questions to Ask Your Adviser

When you ask for an estate plan review, you should receive an outline of the key people or entities. This helps put your estate plan in plain english, which often makes it easier to identify the types of changes you'd like to make. Number four, how do you get paid? You should have asked this question when interviewing your adviser - but better late than never. If something happens to you, who will take over my account? Even the best advisers will retire at some point. Unfortunately, not all advisers plan for the inevitable. According o the financial planning association, only 27 % of advisers have a formal succession plan in place.