Most CPAs involved in financial planning spend a good deal of time asking their client questions. Quite often they are included in a questionnaire that the client fills out. Part of the purpose is fact gathering, determining the current wealth of the client, the age of the children, etc. The CPA usually follows-up with a one-on-one session posing a couple of more questions.

This beginning step in the financial planning process requires great care. Failure to ask the right question can mean a critical piece of information is left out, which might adversely impact on the CPA/financial planner's recommendations.

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