Financial Services Information
Personal finance refers to any and all decisions that relate to the budget of an individual or family. This can include monthly income and their monthly expenses. Loans, credit cards, investment accounts, and retirement plans are also a part of personal finance.
Planning to meet the financial needs of your survivors is one of the most important and fundamental steps in creating sound financial strategies for you and your family.
When we compare our survivors’ needs to the total resources we can provide at death, most of us will find a shortfall. A shortfall situation means that our survivors will be left with the choice of either finding additional resources that we have not been able to identify, or do without many of the financial needs that you hope to cover.
The Retirement review compares your current income and capital resource funding projections against your expected costs in retirement. The analysis provides options for consideration if the analysis results in a shortfall.
The Disability review examines the impact of an unexpected disability. The analysis determines lost income and how long term disability coverage could help replace the lost income.
Long Term Care Needs
The Long Term Care review examines the impact of a long term care health event. The analysis projects the accelerated liquidation of capital resources and conducts a cost comparison of new long term care coverage.
The Business Continuation review examines business partners’ needs for liquidity through life insurance. It examines several techniques that can be used to safeguard the duel purposes of ensuring the business remains intact while providing the value of a partner’s ownership interest to their heirs
The Estate Planning review illustrates the distribution of assets to heirs and the payment of taxes and fees that occur at your’s and/or spouse’s deaths. The analysis then allows the advisor to design estate plan changes, and to illustrate and compare the impact of those changes. It also addresses the scenario where death occurs today, as well as an advisor defined scenario of future death.
The Accumulation review compares current funding projections against an expected capital expenditure. The analysis then provides options for consideration if it results in a shortfall.
The Asset Allocation review presents your current assets broken down by asset class and type. The advisor will provide a risk tolerance
questionnaire in which the answers provided are used to produce a recommended asset allocation for you.
We help you through the maze of planning for the unexpected with