|
The Individual Services department is focused on answering the following questions for individuals and families:
Cash Flow:
How do I/we control our spending?
Am I saving enough in relation to what I earn?
How much of a reserve cash fund should I maintain?
Liability Management:
Do I have too much debt? How much is appropriate for me?
What type of mortgage is best for me?
Should I try to pay off my mortgage?
Family and Asset Protection:
Are my automobile and homeowner’s policies providing adequate coverage?
Do I need personal liability insurance?
How do I decide what type of life insurance to use?
Do I have adequate life and disability insurance?
Do I need long term care insurance? How much coverage?
Portfolio Design/Asset Allocation
Are my assets invested in appropriate funds/stocks?
Is my 401k invested properly? How much should I contribute?
Am I taking too much risk? Too little risk?
Are my current investments going to help achieve my goals?
Retirement Planning
When will I be able to retire?
How much money will my portfolio produce? Will it last?
How do I manage saving for retirement and college for my children?
What would happen if I lost my job? Changed careers?
Should I accept an incentive package to retire early?
Income Tax Planning
What methods should I use to lower my taxes this year and in future years?
Should I be using different tax deferred accounts?
Which investments are best held in tax-deferred accounts?
What is the best way to reduce the taxes on appreciated real estate holdings?
Estate Planning
What type of will/trusts do I need to transfer my assets?
How do I meet the different needs of my children without favoring one over the others?
Do I need a revocable living trust?
Will my estate plan minimize costs and taxes as well as expedite the process?
What is the best way to benefit my favorite charities as well as minimize estate taxes on my estate?
|