ASSET
PROTECTION

In recent years, we’ve seen that aggressive and conservative products, both domestic and global, can move in tandem with one another. In other words, we have experienced market scenarios in which there is very little safety anywhere—even for diversified portfolios.

Twenty-first century asset protection calls for more than just strategic asset allocation. Product allocation—buying instruments that can protect your portfolio from negative returns early in retirement—is generally considered a more effective means of protecting assets.

Diversifying your retirement assets among a variety of vehicles—both insurance and investment oriented, depending on what is appropriate for your situation—may offer you the best chance of meeting your retirement income goals throughout your lifespan.

ASSET-BASED
LONG-TERM CARE

Solely focusing on the growth of your portfolio is only solving half the retirement equation.  The costs associated with a chronic illness or disability poses the biggest liability to every retiree in the U.S. and can be devastating to one's financial plan.  However, traditional insurance options have discernible drawbacks, mainly in the form of expensive lifelong premiums and no guarantee that you or your family will ever use the benefits.  In response, most people decide to "self-insure", leaving all their assets susceptible to the costs of a long-term care scenario.   We can show you how to more effectively leverage this "self-insuring" technique and how you or your family can utilize a long-term care policy without ever having to pay a single premium.

ESTATE
PLANNING

Estate planning is simply determining (while you’re still alive) where your assets should go after you die. Without a properly structured estate plan, your wishes may not be fulfilled, and your loved ones could be hurt both emotionally and financially.

While the concept is simple, the vehicles, planning, and implementation process can be rather complex. Because of the constantly changing estate tax laws and emerging vehicles to help you protect and transfer your assets effectively, it’s important to work with experienced estate planning professionals who stay current in this field and advise clients on a day-to-day basis.

1031
EXCHANGES

The IRS allows individuals to bypass the capital gains tax on the sale of real estate if they invest the proceeds into a "like kind" investment, effectively creating a exit strategy for assets that are highly appreciated. However, pulling this off is no easy feat and requires a considerable amount of timing and knowledge. Affluent families have been using this tactic for decades to avoid capital gains and minimize the tax impact of their real estate holdings to their heirs. We can show you how to take advantage of this rule and provide turnkey 1031 exchange solutions that take away the complexity typically associated with this type of transaction

IRA LEGACY
PLANNING

IRA accounts have become one of the largest types of assets inherited by beneficiaries. If you don’t anticipate needing your IRA money in retirement, you may wish to consider a legacy planning strategy to reduce taxes and increase the payout your beneficiaries will inherit upon your death.

A properly structured IRA may provide your beneficiaries a regular stream of income while leaving the balance of IRA assets invested for tax-deferred growth. The result may yield substantially more money paid out over the course of your beneficiary’s lifetime. We can help you evaluate your financial scenario to determine if IRA legacy planning may be the best means for ensuring a long-lasting inheritance for your heirs.

TRUSTS

There are many different types of trusts, and they can be complex to set up and execute. However, a trust can be a very flexible and advantageous means to transfer your assets in the future. Some trusts also provide current benefits, such as tax deferral and/or deductions.

LIFE
INSURANCE

Life insurance isn't for those who have died—it's for those who are left behind. When shopping for life insurance, consider needs such as replacing income so your family can maintain its standard of living, as well as paying for your funeral and estate costs. As a rule of thumb, you should seek coverage between five and seven times your gross annual income. As far as the various types of policies go, they can generally be placed into one of two categories: Term and Permanent.

Term insurance generally provides coverage for a specified period and pays out a specified amount of coverage to your beneficiary only if you die within that time period. You pay the same amount of premium from the first day of the policy until the term ends. Permanent insurance, on the other hand, does not need to be renewed. A permanent insurance policy will stay permanently in effect for the rest of your life so long as premiums continue to be paid. Permanent policies can also build cash value as tool for tax-advantaged income in retirement.

INCOME
PLANNING

Thanks to new prescription drugs and medical technology, people are living longer than ever before. However, one drawback to a longer life is the greater possibility of outliving your savings – creating even more reason to develop a retirement income plan designed to last a longer lifetime.

A significant investment loss in the years just prior to and/or just after you retire can have a devastating impact on the level of income you receive over the course of your life. In fact, the earlier a loss occurs, the greater the chance of depleting your retirement savings.

We can help you design an income plan incorporating insurance and investment vehicles to create opportunities for long-term growth as well as guarantee income throughout your retirement.

IRA & 401(K)
ROLLOVERS

When you change jobs or retire, there are four things you can do with the money in your employer-sponsored retirement plan:

1. Leave the money where it is

2. Take the cash (and pay income taxes and perhaps a 10% federal penalty tax if you are younger than age 59½)

3. Transfer the money to another employer plan (if plan allows)

4. Roll the money over to an IRA

Rolling over from one qualified plan to another qualified plan allows your money to continue growing tax deferred until you receive distributions in retirement. We can help you determine if a rollover is the right move for you, and the best vehicle to help conserve and grow your rollover assets.

ALTERNATIVE INVESTMENTS

Not only is it important to have a diversified portfolio within the stock market, but one outside as well.  Alternative investments are those defined as non-correlated to the stock market and are represented in many sectors.  Institutional investors allocate a large portion of their portfolios to said investments, and we can show you the benefits of doing the same.