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Perform Lifestyle Wealth Assessment

The Lifestyle Wealth Assessment is our discovery process—in two parts. The first identifies and prioritizes your qualitative lifestyle goals. Lifestyle goals are uniquely yours, and the order of importance is also unique. The following illustrates a few of the more popular common goals.

Your Goals

FOUNDATION

  • Prepare wills and trust
  • Evaluate insurance needs
  • Review cash flow budge

SHORT TERM

  • Emergency fund
  • Liquid investments
  • Start building portfolio

MID TERM

  • Wealth accumulation
  • Pay college expenses
  • Start a business

LONG TERM

  • Retirement
  • Sell a business
  • Leave an estate
The second part discovers the quantitative facts and figures. This is where we evaluate and analyze your assets, liabilities, taxes, cash flows, and other financial facts important to your lifestyle.

Together, these two parts allow us to gain a thorough understanding of what we call the Lifestyle Planning Portals.

Lifestyle Planning Portals

ESTATE PLANNING

  • Wills and trusts
  • Powers of attorney
  • Physician directives
  • Charitable giving
  • Family limited partnerships
  • Limited liability companies

REAL ESTATE PLANNING

  • Commercial
  • Personal

TAX PLANNING

  • Income taxes
  • Estate taxes
  • Gift taxes
  • Generation skipping taxes
  • Excise taxes

INSURANCE PLANNING

  • Mortality risk
  • Health risk
  • Disability risk
  • Longterm care risk
  • Property and casualty risk
  • Liability risk

BUSINESS PLANNING

  • Valuation
  • Starting
  • Buying
  • Selling

INVESTMENT PLANNING

  • Retirement income
  • College funding
  • Wealth accumulation
  • Wealth preservation
  • Wealth distribution
  • Longevity planning

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