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Deliverable
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Delivery
Plan
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| 1. Financial Roadmap: |
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A complete and thorough annual update of your
Financial Roadmap (focus is on client values,
goals and benchmarking of progress).
- Updated Golden Years Projection
- Written Plan for each individual financial
asset
- Written Plan for each goal
- Written Plan for estate
- Written Plan for the right kinds and amounts
of all insurance
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Each client is assigned a annual review month
for this date.
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| 2. Implementation
Plan: |
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Delivery of your updated Implementation Plan
annually summarizing your financial plan into
a simple chronological list of action steps required
to create the greatest probability that you will
stay on track with your financial plan over the
years.
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Created and updated internally each year following
your annual review.
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| 3. Progress Reports:
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Delivery of a semi-annual progress report to
you. This simple summary of your assets is designed
to show you the progress you are making benchmarked
against the goals you have set for yourself.
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Approximately 6 months after annual update.
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| 4. Strategy Sessions: |
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Two “Asset Structure and Strategy” discussions
with you annually. The goal of this discussion
is to give you the “big picture” about your financial
situation, give you a summary of the strategy
going forward and also to review your Implementation
Plan with you.
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1st Discussion at each annual review.
2nd Discussion about six months after each annual
review. |
| 5. Income Tax Planning: |
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During the last two months of each year we will
do tax planning for you with two objectives in
mind:
- Seek ways to reduce taxes, and…
- Make sure there are no “surprises” come next
April
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Target: late November/ early December
each year. |
| 6. Estate Review: |
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Once every five years we will review and update
your Estate Plan with the objective of:
- Establishing a plan for your money to make
it into the next generation and to survive beyond
that, and…
- Create a structure that will look to bring
your heirs closer together, as opposed to many
Estate Plans which create animosity and conflicts
about the money after you’re gone
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Within the 1st twelve months of a
new client relationship.
Updated whenever laws are changed.
Updated routinely at least once every five years. |
| 7. Insurance Review: |
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Review every kind of insurance and…
- Recommend the right kinds and amounts of insurance
- Be sure there are no “coverage gaps” which
endanger the financial plan, and…
- See what, if anything, can be done to reduce
premiums for the clients
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Review all insurance policies.
Phone interview with each insurance agent as
necessary to clarify information.
Written recommendations are merged into the implementation
plan.
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| 8. Investment Consulting
Services: |
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Regarding:
- Income Trust Planning, Tax Reduction and
Charitable Giving strategies
- Incentive stock options exercise, the subsequent
tax triggering mechanisms and the sophisticated
modeling connected with these strategies
- Advanced IRA Rollover and Distribution expertise
connected with taxation reduction and beneficiary
designation strategies
- Fee based, value added services specializing
in the strategic design and implementation of
low-load and no-load insurance. Here the focus
is on the increased liquidity, cost containment
and full disclosure that they provide to the
business owner
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On an ongoing and as needed basis.
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