Frequently Asked Questions





 


Q: Can a financial planner can set up a revocable living trust for you?

A: Although many financial planners claim they can help you set up a revocable living trust for you, only an attorney can discuss the details and set up the documents for you. If a financial planner says they can take care of it and you don’t even have to talk to an attorney, run for the hills! All if not most so-called financial planners or insurance salesmen who offer this type of service are doing is trying to sell you annuities. I can’t tell you how many inappropriate or unfunded trusts I have reviewed that were created at the direction of an unethical or well-intentioned but misinformed financial planner/insurance salesman/annuity pusher.


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