Description
Covers elements of the overall planning process, including gathering data, establishment of financial objectives and identification of constraints.
Designed For
- CPAs and financial planners with basic knowledge of personal financial planning and an interest in estate planning.
Objectives
- Recognize the steps in the personal financial planning process.
- Select the step in the personal financial planning process that defines the client's responsibilities.
- Recall the requirements of the Statement on Standards in Personal Financial Planning Services No. 1, in the case of a conflict of interest.
- Identify the step in the personal financial planning process that addresses scope limitations.