1 1
1 1
ADVERTISEMENT
6. Not Choosing The Right Representatives.
This decision goes beyond simply choosing the right advisors. In a typical estate plan, a client has to name a surprisingly large number people to represent him under various circumstances. Wills, trusts, powers of attorney, health care directives and guardianships are just some of the many potential responsibilities a client will have to delegate. Though its tempting to just name family members or a single advisor to these positions, each requires a different skillset, so it’s important to ensure that the client is putting the right people in the right positions.
![](https://www.wealthmanagement.com/sites/wealthmanagement.com/files/styles/gal_landscape_main_2_standard/public/choosing-representatives-gears.jpg?itok=dtPrb2Qf)