There are certain aspects of wealth management that require a network of associated professionals that may include an estate planning attorney, a tax accountant, property and casualty insurance agents, and others. These professionals are highly skilled and offer a specialized approach for a unique portion of your financial plan. Their specific roles are described below.
Estate Planning Attorney
These professionals have expertise in preparation of wills, trusts, living wills, health care proxies, powers of attorney, and other important legal documents. They can assist in developing strategies related to your estate liquidity and transfer plans.
Certified Public Accountant
These professionals have expertise in several tax planning areas, such as personal and business tax, gift and estate tax, and investments.
Human Resource Consultant
These professionals provide HR outsourcing, including system design, employee handbook design and review, Department of Labor risk management and compliance, and payroll processing.
Property and Casualty Agent
These insurance professionals provide assistance in risk management planning and can design protection plans for all types of property and the potential liability related to these properties.