Financial Planning

Comprehensive Estate and Financial Planning  

We know that even thinking what would happen to your family in the event of your death or incapacity can be overwhelming.  We also know that having a solid estate plan and financial plan in place can not only alleviate some of the stress you may feel regarding what legacy you will leave for your loved ones but can also actually help you attain your financial goals during your lifetime.

We can explain many avenues for growing and preserving your wealth, such as:

  • Planned Giving
  • Charitable Donations
  • Life Insurance Trusts
  • Living Trusts
  • Pension Plans
  • Annuities
  • Lifetime Transfers Between Family Members
  • Family Partnerships

Our accountants will analyze your current situation and your future goals, explain different financial and estate planning strategies, and tailor financial plans and estate plans to suit you.  We will work in conjunction with estate planning attorneys to make sure you have all of the legal documents you need for a solid estate plan.

Our tax experts can also determine, in coordination with legal counsel, effective ways to reduce your estate tax liability, so your heirs can retain as much of your estate as possible.

Implementation of Your Financial and Estate Plans

The most intricate estate and financial plans in the world won’t do you any good unless they are implemented correctly.  That is why our team of accountants, financial planners, and advisors will work with you to get all of the parts of your financial plan and estate plan in motion. We advise or assist you in transferring or liquidating assets, acquiring various types of insurance policies such as life insurance and long-term care insurance, setting up and contributing to income-deferment plans, setting up and running family partnerships, and many other estate planning and tax planning techniques.

Periodic Review and Update

Remember that designing and implementing your estate plan and financial plan are only the first parts of an ongoing process. Laws related to probate, estate planning, and taxation, as well as the Internal Revenue Code, are always subject to change.  And of course, your financial situation may change due to any number of factors including change in employment, growing family, medical issues, major shifts in the stock markets, etc. Your estate plan and financial plan should be reviewed every few years to make sure they are still the best strategies for you and your family. Our accountants can periodically review and update your financial, tax, and estate plans to keep your financial health on track.