Look for a CFP designation on whoever gives you advice.
A tax advisor might have a CFP
A financial advisor might have a CFP
But a tax advisor is not required to have a CFP, and neither is a financial advisor. Look for a CFP (certified financial planner) because by certification they have knowledge of insurance, taxes, inheritances and investing (in stocks, bonds and other financial instruments).
If you contact an insurance agent they will sell you one of the products they have available to them. Annuities or life insurance...
If you contact an investment advisor, they will sell you one of the products available to them. Stocks, bonds or mutual funds...
How would you know if an annuity is better or worse than the bonds offered by one or the other? You need someone which knows both- and a CFP guarantees they know the ins and outs of BOTH occupations.
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- General questions get general responses. Specific questions get better responses. Want a better answer? Re-read my signature LOL
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