Patricia Manko Tue, Jun 19, 2012 @ 02:32 PM 2 min read

Six Financial Planning Questions to Ask Yourself


Questions To Ask Yourself If You Think You're All Set!

 1. What is my vision of the legacy which I wish to leave my child (or other family member) with special needs?


2. Have I established proper Wills & Trusts that transform my clear vision into an absolute future reality?

3. Does my Executor/trix or Guardian have a Letter of Intent which outlines my wishes for the future care of this person?

4. Will this Letter of Intent be passed to others who may eventually care for my child, should s/he out-live my second caregiver?


5. Is the Trust endowed with enough money to assure that distributions will not consume their principal throughout the beneficiary's lifetime?


6. Have I insured that caregiving survivors are financially protected from the future expenses in the care of my loved one with special needs?

 So...are you all set?

If you answered "No" to any question, your plan is not complete. We encourage you to seek the answers to all these questions.