[A] Young Adult – A top focus is incapacity planning.
Are you…
• Between the ages of 18-25?
• Unmarried?
• Not a Parent?
• Holding total assets (without insurance) under $50,000?
If “Yes” to all, then…
YOU ARE HERE
After turning 18, young adults are responsible for their own decisions when it comes to health and financial matters. What happens when you’re sick or get into an accident and cannot make those choices? Without a written power of attorney and health directives, your family will need to apply for formal guardianship through the Court (approx. 20 times the cost to set up proper incapacity documents) to help make those decisions for you. ™
YIPPEE™ Teens & 20s APPLY NOW
[B] Parent with Minor Children – A top focus is Guardianship.
Are you/Do you…
• Have minor children?
• Own one property or less?
• Not a business owner?
• Have liquid assets Totaling LESS Than $100k (Note: Bank & NON-retirement investment accounts only)?
If “Yes” to all, then…
YOU ARE HERE
Young parents certainly need to protect themselves with proper incapacity planning (see Young Adult above). However, when we have little kids, our focus is largely on them...how we raise them...how we can financially protect them in the future. Those choices need to be in writing, including who will be responsible for following your guidance if you are unexpectedly not there.
YIPPEE™ APPLY NOW
[C] Multiple Property Owner – A top focus is liability protection.
Are you/Do you…
• Own more than one home? and/or
• Own your own business
• Have liquid assets totaling more than $100,000?
If yes to any of these, then…
YOU ARE HERE
[D] Small Business Owner – A top focus is the end of your business story.
We believe all business owners should start with the end in mind with Succession Planning. In this way, entrepreneurs can build the structures to easily transition the business at any time.
While you consider the future, we assess the existing health of your business for any administrative holes that need to be patched. Once we’re in the clear, we ensure that your business interest does not require the scrutiny of a Court at your passing, including an unnecessarily expensive appraisal. Designating a trusted party to set valuation parameters if not done ahead of time is important for every business owner.
YOU ARE HERE
Note: Your plan may also include:
• Business Health Check-Up
• Assignment of Business Interest
[E] Nearing Retirement – A top focus is streamlined simplicity.
Are you/Do you?
• Nearing retirement?
• Have multiple cash/investment accounts?
• Own a business?
• Worry about your post-retirement quality of life?
If yes to any of these questions, then…
YOU ARE HERE
At this stage, there’s a focus on what life will look like after you stop working. What is your cash flow going to be then? Will your assets sustain your lifestyle and hopefully extra fun stuff following your retirement? In addition to these matters of concern, this is the perfect time to think through possible asset consolidation, making sure beneficiary designations are optimized, and developing a plan to make life easier for you as you age and for those who will take charge once you cannot.
FREE DISCUSSION
[F] In Retirement – A top focus is asset protection.
Are you/Do you?
• Retired?
• Meeting your monthly expenses?
• Worried about covering potential long term care costs?
If yes, to any of these questions, then…
YOU ARE HERE
After reaching retirement, we hope you get to enjoy many years of fulfilling dreams not previously reached...Estate Planning 101. In addition, this time of life is great for taking stock of your needs and wants. If you feel comfortable that you have more than enough to cover yourself, we assess what assets can start to be put “aside” for your beneficiaries and avoid an unwanted spenddown if long term care is needed.
FREE DISCUSSION
[G] Elder Law
Current Long Term Care Concerns – A top focus is finding the right fit for the care of the individual’s medical needs.
Although long term medical considerations can happen at any time, more commonly it is
a slow progression of health decline in our later years. If you or someone you know
needs assistance with some activities of daily living (ie. walking; feeding;
dressing/grooming; toileting; bathing; transferring), then an assessment of personal and
asset protection should be done. While you find the best care for your loved one, we
analyze any existing long term care insurance benefits and guide you through the best
asset protection planning options prior to an application for Medicaid.
[H] Probate/Trust Administration
Loss of a Loved One – A top focus is not to rush.
Losing someone close to you is extremely difficult. Dealing with the administrative
processes afterward doesn’t have to add to the strain.
Rely on us to walk you systematically through the steps:
(1) with your family,
(2) with the financial institutions,
(3) with the Court, and
(4) with the taxing authorities.
The process typically lasts 18 months on average due to Court timing, tax returns, and
other factors. We will quarterback the entire administration using your help only when
you want to take part.
FREE DISCUSSION
