Toward this end, we offer the following services:
Goals & Objectives
We discuss your goals, plans and dreams. These goals are visited annually and an individual plan will be prepared.
Net Worth Analysis
The key document in financial planning, your personal balance sheet will be prepared and analyzed for estate and income tax planning purposes, debt analysis, asset protection and proper titling of assets.
Income Tax Planning
Tax projections and models will be prepared to develop tax-saving strategies. The ultimate goal during tax planning and preparation is to minimize taxes.
Education Funding
We analyze your current funding plan, or develop a new plan, and tailor it to meet your family’s needs based on tuition and expense projections. We also evaluate the potential advantages of establishing various tax-advantaged plans in comparison to traditional funding methods.
Investment Allocation and Review
We review your objectives, assess your risk tolerance, and analyze your investment portfolio. We evaluate your asset allocation and after-tax investment performance. We can conduct a search for the appropriate investment managers to help you achieve your financial goals.
Retirement Planning
After-tax cash flow models are prepared to project your retirement income from retirement accounts, social security, pension plans, and personal savings. We review your options for naming beneficiaries of your retirement accounts and the corresponding income and estate tax implications.
Estate Planning
Together we develop an estate plan to carry out your personal wishes and minimize your estate taxes. Through outside legal counsel, we review or draft your wills, trusts, health care proxies and durable power of attorneys and explore more sophisticated strategies if necessary. Our focus is to allow a client to enjoy the maximum lifetime benefit of his or her property and ensure that a minimum of estate and probate costs will be incurred at death.
Stock Option Planning
Your incentive stock options and non-qualified options are analyzed and modeled to establish a long term stock option exercise program. We will create a model using various assumptions to minimize your income and alternative minimum taxes (AMT) to achieve long term capital gain. Investment risks are weighed against potential tax savings.
Business Succession Planning
We help clients with closely-held businesses or professional service firms address their succession plans, review stock purchase agreements, and stock redemption agreements. We also review other options including ESOPs and management buy-outs, or can conduct a search for a buyer of your business. We can address the funding of buy-out and key person protection.
Family Budgeting
Annual family budgets are prepared in an effort to analyze your cash flow. To address cash flow issues or problems, this service can also include check writing and monthly income and expense analysis.
Debt Analysis
Debt analysis is as vital to our individual clients as it is for our corporate clients. Not only do we review debt levels, we also determine if lower interest rates are available and if the debt can be structured to be tax deductible.
