Cash Flow Planning
Adequate and Secure Cash Flow is the key to a successful Financial Plan. It is the primary issue for consideration.
Retirement Income Planning
Retirement, or Financial Independence, is the primary reason that people save money. It is critical to know how much you will need and when you will need it in order to know how much to save.
Income Tax Planning
"It's not how much you make, it's how much you get to keep." Paying less in taxes may put more money in your pocket to use to fund your financial goals.
College Planning (children)
This is one of the biggest expenses for parents. Providing a good education for your children will better help them be able to support themselves as adults.
College Planning (grandchildren)
One of the most beneficial gifts that Grandparents can offer is to make sure their grandchildren are able to get a good college education.
Social Security Planning
It is important to understand when to start taking benefits and how these benefits fit into your retirement income plan.
Health Insurance
Along with rent or mortgage expenses, usually the largest family expense for the household.
Health Insurance (Medicare)
Available at age 65, but there are some choices to make about which plans are desired.
Life/Disability Insurance (Income Protection)
Financial Plans are usually based on the continuing ability to earn money over time. What if this is disrupted by a death or disability of one of the wage earners in the household?
Life Insurance (Estate Protection)
Life Insurance can also be used to create an inheritance for loved ones while not committing a large amount of funds that may be needed elsewhere in your Financial Plan.
Life/Disability Insurance (Business Protection, Continuity)
Life ands Disability Insurance is often used to protect a Business from failure due to the loss of a Business Owner, Partner, or Key Employee.
Annuities (Income Benefit)
Annuities are Contracts backed* by the offering company to provide specified income benefits. They can be used to secure retirement income needs in spite of investment market fluctuations. *All contract guarantees and payout rates are subject to the claims-paying ability and financial strength of the issuing insurance company.
Annuities (Death Benefit)
Annuities are Contracts backed* by the offering company to provide specified death benefits to a spouse or loved one. They can be used to secure death benefit payouts in spite of investment market fluctuations. *All contract guarantees and payout rates are subject to the claims-paying ability and financial strength of the issuing insurance company.
Long Term Care Planning
The biggest expense later in Retirement is the cost of Long-Term Care. This expense needs to recognized and properly funded to ensure a secure and comfortable care later in life.
Portfolio Management
Professional level portfolios are developed with respect to personal risk tolerance, income needs, and diversification across several types of investments in order to minimize desired volatility.
Retirement Plan Management
This is the management of any portfolio funds going to your checking account for personal living expenses.
Retirement Plan Rollovers
Retired workers may have several qualified accounts that can be consolidated and managed so that they are working in concert to achieve your financial goals.
Alternative Investments
These are investment that are not traded in either the stock market or bond market. The are often used for diversify to reduce volatility in your portfolio and to produce portfolio income to fund your personal needs.
Endowment Models
Endowment investment models were developed to avoid the volatility and risk in the market-traded investments. They usually consist of non-traded investments are used fund specific long term needs.
Private Placements (Equity & Debt)
Private Placements are available exclusively to Accredited Investors and consist of private Equity and Debt investments not offered to the General Public.
Business Exit Planning
The most valuable asset held Business Owners is usually their business. It van be difficult and complicated to realize the value of the Business when it comes time to" Cash and Move On". This takes careful planning and structuring to maximize the value to the Business Owner during this transition.
Wealth Transfer (Estate Planning)
Clients usually want to be able to pass on their wealth that they have not used in Retirement to their heirs in a fair and orderly fashion. This takes careful planning and preparation so that the process proceeds as the client has desired.
Educating Heirs
Transferring an Estate can be a complicated and overwhelming task for heirs that are unprepared for the task. It is usually prudent to educate and train heirs on their duties and responsibilities so these matters can proceed as planned.
Charitable Giving
It is not uncommon for clients to direct part of their estate to organizations and causes that they have an affinity for. There are also some beneficial tax incentives that may be taken advantage of.
Advanced Trust Planning
There may also be some unique circumstances that may need to be addressed in an Estate Plan that may need some special attention.
