Perform Lifestyle Wealth Assessment
The Lifestyle Wealth Assessment is our discovery process, and it has two parts. The first part identifies and prioritizes your business goals. The second part identifies and prioritizes your qualitative lifestyle goals. Lifestyle goals are uniquely yours, and your preferred order of importance is also unique. The following illustrates a few of the more popular common goals.
After identifying and ranking your goals, our discovery process reviews the quantitative facts and figures particular to your current situation. We analyze your business’s value and also study your personal assets, liabilities, taxes, cash flows, and the financial facts important to both your business’s success and the preservation of your lifestyle.
Together, these two sets of information provide a comprehensive understanding of what we call the Lifestyle Planning Portals, allowing us to now advance your progress.
Lifestyle Planning Portals
ESTATE PLANNING
- Wills and trusts
- Powers of attorney
- Physician directives
- Charitable giving
- Family limited partnerships
- Limited liability companies
REAL ESTATE PLANNING
- Commercial
- Personal
TAX PLANNING
- Income taxes
- Estate taxes
- Gift taxes
- Generation skipping taxes
- Excise taxes
INSURANCE PLANNING
- Mortality risk
- Health risk
- Disability risk
- Longterm care risk
- Property and casualty risk
- Liability risk
BUSINESS PLANNING
- Valuation
- Starting
- Buying
- Selling
INVESTMENT PLANNING
- Retirement income
- College funding
- Wealth accumulation
- Wealth preservation
- Wealth distribution
- Longevity planning
