QUESTION 12

Kristen, a CFP practitioner, reviewed a new clients financial plan that was developed eight years ago. Her client has subsequently inherited $7 million, acquired property that is not mentioned in his will and is showing signs of early dementia. What should Kristen do to help her client?

a. Accompany her client to an appointment with an accountant to obtain tax advice.

b. Fill out a durable power of attorney document she downloaded from a website.

c. Accompany her client to an appointment with his estate planning attorney. d. Add a beneficiary to his will for the newly acquired property.