8 For illustrative purposes only. Not based on actual client data. FOR HOME OFFICE AND ADVISOR USE ONLY. NOT FOR DISTRIBUTION TO THE PUBLIC.
Gather & Analyze Data
Next, the advisor will analyze the
client's current course of action to
see if it's moving them toward their
financial goals.
If it's not, the advisor will identify
alternative courses of action and let
the client know the advantages and
disadvantages of each option.
Create a Checklist
• Do they have a Will?
• Are beneficiary designations current?
• Do they have a POA for finances?
• Do they have an Advanced Medical Directive with HIPAA provisions?
• Do they need a living trust?
• Do they intend to make charitable gifts to family or a charity?
• Are estate reduction or estate tax planning strategies needed?
Goals
