By Paul Morrone CFP®, CPA, MSA
Crafting a financial plan is a very personal process which often involves making decisions that many put off for years simply to not have to deal with it. As difficult as it may be to face hard realities during the planning process, being open and honest with your planning team (attorney, advisor and accountant) will help to ensure that your financial household, and ultimately your legacy, reflect your most intimate wishes. Your advisors understand that you will be discussing very sensitive topics, which often involves opening old emotional wounds. This may involve discussing family disputes, special needs planning, addiction issues, estranged children, previous marriages, bankruptcies and divorces, to name a few.