Page 34 - Waterfall City Issue 9 September 2024
P. 34
Waterfall City Finance
Your will, doctor and financial adviser
WHAT THEY HAVE
IN COMMON
By Mariska Redelinghuys, PSG Legal Specialist
W hen discussing the headache tablet. You’d expect the doctor
to ask about your medical history and
value of the financial
profession, financial
that of your family, complete a thorough
advisers are often
of the headache and – after delivering
compared to medical doctors and examination, determine the root cause
are sometimes even called ‘financial the diagnosis and prognosis – prescribe
doctors’. This is because financial the relevant treatment. Similarly, a
advisers look after clients’ financial financial adviser must first understand
challenges in much the same way your personal circumstances and
doctors look after patients’ health unique financial goals to determine your
issues. This is not a perfect analogy, financial needs and how best to meet
but some comparisons can be drawn. them.
A detailed examination The same applies to ensuring one’s
For example, if you have been suffering affairs are in order before passing away.
from a persistent headache, you wouldn’t Documenting your wishes in your will
just go to a medical doctor asking for a Mariska Redelinghuys, PSG Legal Specialist may offer some immediate relief, but
32 Waterfall City Issue 9 2024
