Then on the flip side, if some element of life planning is helpful, how do I as a therapist provide that and keep it within the definition of therapy, and where do the boundaries lie? For example, an easy boundary is that you wouldn't get into financial counseling with a client, though you might recommend a financial counselor. Life coaching functions as a therapist seem to lie more within career counseling I suppose, and that's where life coaches seem to be overlapping.

Probably the most significant ethical concern would be do life coaches have any training in recognizing or dealing with a potentially suicidal person? With licensed therapist positions, there's at least that standard of basic educational components including crisis counseling.