Who They Are and What They Do…
Financial planners help plan and manage finances to achieve the established financial goals of their clients, while at the same time negotiating the financial barriers that inevitably arise in every stage of life. Financial planning is viewed as a process and not a product.
Major Categories of Financial Planning involving Seniors…
- Retirement planning
- Handling inheritance and unexpected financial crisis (e.g. health issues)
- Caring for aging parents
- Financially coping with death of spouse or close family member
Buying, selling, or passing on family businesses or estates