Financial Planning
Personal Financial Planning
Everybody needs a financial plan. We have the tools available to prepare a comprehensive personal financial plan. Based on your personal and financial goals we prepare a balanced financial plan that is made to maximize cash flow, minimize income taxes, maximize rate of return and minimize risk. By achieving these, we assist at building our client's wealth over the working years. Our team constructs an action plan checklist that will allow us to monitor the plan regularly and ensure all necessary actions are being dealt with. We strive to ensure will achieve his or her goals.
We consult independently of our client's investment advisor.
The personal financial plan includes providing an estate analysis and an evaluation of our client's insurance needs. This includes evaluating critical insurance, disability insurance and life insurance needs.
Wealth Management and Estate Planning
As our client's business grows over many years it builds a large amount of working capital and assets that are contained within the company. The owner has reached the pre-retirement stage and needs to sell the business, pass it on to future generations, maintain inactive ownership etc. The main objective is to draw cash out from the business to fund retirement and minimize income tax.
We have a network of income tax experts who provide our clients with many options to meet his or her needs given the criteria similar to the above scenario.
It is important to perform estate-planning strategies, in order to minimize the income tax for the estate in the distant future. Estate planning should be reviewed by all businesses at least every 10 years to ensure optimization of proper tax planning.