We understand that personal finances are just that – personal. That is why we take a comprehensive approach to our financial planning. Our thorough process starts with getting to know you, your goals, and your hopes for the future. By understanding your current situation, we are able to create a custom financial plan that encompasses education, retirement, estate planning, and every other facet of your financial future.
Financial Planning is a collaborative process that helps maximize potential for meeting life goals. The process typically starts by collecting qualitative and quantitative information to create a clear picture of your net worth and cashflow. Goals are then established, and a plan is created to create a pathway from where you are currently to where you want to go. Financial plans involve cashflow supervision (budgeting), appropriate investments, risk management, estate implications, and tax strategy.
We will take time to obtain and analyze relevant information to achieve a comprehensive understanding of your current course of action. We will then work with you to identify and develop priorities, goals, and personal or family ambitions. This foundation allows us to make thoughtful decisions together that are in your long-term best interest.
An estate plan can act as a safety net that helps preserve the value of your assets, minimizes wait times for disbursement, and helps ensure the legacy you envisioned is carried out.
By creating a will, you can name your assets, beneficiaries, and an executor who will carry out your wishes after you pass away. A durable power of attorney health care proxy form are two additional vital legal documents that ensure that your plan will be carried out the way you want it to.
Estate planning is all about protecting your loved ones, which means in part giving them protection from tax burdens. Effective estate plans will typically strive to maximize the transfer of assets while minimizing estate taxes.