How often will the adviser meet with you talk about your portfolio, review your existing financial situation and discuss possible situations? Does the adviser initiate these discussions, or do you have to be proactive?
Greek philosopher Heraclitus had seen that 'you cannot step into equivalent river twice' i.e. time should never be the same. 'Change' is the only constant factor and 'Death' may be the only certain thing in their life. So what is true for today will not be true forever. A contended joyful life today does not entail happiness for all the successive years. Time can flip today or tomorrow. No one is sure that when the journey of life will meet its end and our eyes will never open again to see the sun's rays. So, keeping the precariousness of life in mind, one should be prepared for the good as well as bad times.
Lastly, end of life taxes - called estate and gift taxes - are imposed on the price of your estate and the gifts you've made during your own. There are exclusion levels for estate and gift values given before these taxes are imposed, , however, if you've an estate worth some associated with dollars, estate and gift taxes can rob nearly 45% of the items you've left or put in the account.
Think regarding it. When financial institution loans you money, can not the bank's money