Brokerage firms are bound by federal and state law regarding the distribution of assets after death. They also have to worry about potentially being sued if they do something a potential beneficiary might not like.
The purpose of personal finance is more personal than finance, but there is value to having an objective financial advisor in your corner. Seeking out professional advisors for individual goals or pieces of your financial plan can save you or earn you thousands of dollars more than you pay for the advice. Identify key advisors and find the answers to these 5 questions.