Retirement, Estate, & Tax Review
Planning ahead is the key for effective retirement, tax, and estate planning. Whether you’re heaed to retirement, in retirement, or ready to leave a legacy – there are specific strategies for each phase.
Planning ahead is the key for effective retirement, tax, and estate planning. Whether you’re heaed to retirement, in retirement, or ready to leave a legacy – there are specific strategies for each phase.
Retirement, Estate, & Tax Review
#1 Question – Determine when you can retire.
This can start with simple analysis of forecasted income and expenses at various ages.
Retirement and Estate
For ALL clients, potential items to consider:
Social Security
Non-qualified plans
Qualified Plans
Employee Stock Options and Deferred Compensation Plans
Will and Trusts
Business Specific
Additional potential items to consider:
Company Struture, S-Corp vs. LLC
HSA
QBI Deduction
Simple IRA/Employee Contributions
Payroll Strategy
Special Needs Specific
Additional potential items to consider:
ABLE Accounts
Special Needs Trusts
Utilizing 529 plans for Disability Expenses
HSAs
Charitable Giving Strategies
Planning for Guardianship
Utilizing a Letter of Intent
Taxes
Our basic analysis for any includes the following based on your situation. We assess your:
Marginal Tax Rate
Average Tax Rate
Carry Forward Losses
IRMAA Surcharges
Capital Gains
Qualified Dividends (of Total Dividends)
Roth Conversion Opportunities
Itemized vs. Standard Deduction
Net Investment Income (NII) Tax
Qualified Business Income (QBI) Deduction
Phaseouts
Review of Credits and Deductions
Assured financial security for your family.
All Clients will receive a review of their tax return.
schedule a consultation
Review your current retirement, estate, and tax strategy
Explore how these solutions fit into your financial plan.