SPECIAL CONSIDERATIONS – FINANCIAL ADVISOR
by: Begley Law Group
Do you have a Financial Advisor? If you do, has the Financial Advisor prepared an Investment Policy Statement (IPS) for you? An IPS establishes your tolerance for risk and your goals for investment. A Financial Advisor can also be useful in assisting in obtaining an umbrella liability policy, which is almost always a good idea, long-term care insurance, if this makes sense, and disability insurance for individuals who are still working.
Standard long-term care insurance is no longer as good a product as it used to be; however, there are hybrid products available that may be more appropriate.
A Financial Advisor understands the securities markets and the importance of diversifying assets.