FAQ

If you are considering how to grow and add to your assets, also know how to protect them.

If you haven’t done any asset protection planning, your wealth is vulnerable to potential future creditors and, should the worst happen,you could lose everything.  Lawsuits, taxes, accidents, and other financial risks are facts of everyday life.  Though you’d like to believe that you’re safe, misfortune can befall even the most careful person.  What can you do?  First, identify your potential loss exposure, then implement strategies that are designed to help reduce that exposure without compromising your other estate and financial planning objectives. Asset Protection

 

 

 

How Much Auto Insurance Coverage Do You Need?dashboard

All states have financial responsibility laws that either explicitly or in effect require you to purchase at least some auto insurance. However, there is often a large gap between the amount of coverage you’re required to have and the amount of coverage you really need. Even in states with the most stringent requirements, many insurance professionals suggest that you have a broader scope of coverage(i.e., more types) than what the state mandates, and that your coverage limits in most areas exceed the required state minimums. Auto Insurance coverage


 

iraHow can I plan for new opportunities with IRAs?

With the lure of tax-free distributions, Roth IRAs have become popular retirement savings vehicles since their introduction in 1998. But if you’re a high-income taxpayer, chances are you haven’t been able to participate in the Roth revolution. Well, that’s about to change. ROTH IRA Conversions


 

investingWhat should I know about basic investing?

The first step in investing is to secure a strong financial foundation. Start by creating “rainy day” reserve, then move on to paying down debt and acquiring appropriate insurance. Basic Investment Planning

 


 

Senior Woman Sitting OutsideWhat should I know about estate planning?

By definition, estate planning is a process designed to help you manage and preserve your assets while you are alive, and to conserve and control their distribution after your death according to your goals and objectives. But what estate planning means to you specifically depends on who you are. Your age, health, wealth, lifestyle, life stage, goals, and many other factors determine your particular estate planning needs. Estate Planning


 

Financial Planning! Helping you See the Big Picture

Do you picture yourself owning a new home, starting a business, or retiring comfortably? These are a few of the financial goals that may be important to you,and each comes with a price tag attached.  That’s where financial planning comes in. Financial planning is a process that can help you target your goals by evaluating your whole financial picture, then outlining strategies that are tailored to your individual needs and available resources.  Your whole financial picture, then outlining strategies that are tailored to your individual needs and available resources.  Financial Planning-Helping you see the big picture

 

Perscribing treatment

How much health insurance coverage do I need?

Unless you’re one of the lucky few who can afford to pay all of their medical expenses out of pocket, you need enough health insurance to cover your medical expenses, both anticipated and unanticipated. In addition to routine exams, prescription coverage, and minor illnesses, you need to consider the expense of emergency-room visits and the possibility of surgery. Health Insurance coverage


 

Portrait Of Extended Family Group In ParkHow much life insurance do I need?

Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage, and your goals. For example, when you’re young, you may not have a great need for life insurance. However, as you take on more responsibilities and your family grows, your need for life insurance increases. Life Insurance needs

 


 

balanceHow can I balance my investment choices?

A chocolate cake. Pasta. A pancake. They’re all very different, but they generally involve flour, eggs, and perhaps a liquid. Depending on how much of each ingredient you use, you can get very different outcomes. The same is true of your investments. Balancing a portfolio means combining various types of investments using a recipe that’s right for you. Investment planning throughout retirement


 

retirementI have a small business, how can I plan for retirement?

If you’re self-employed or own a small business and you haven’t established a retirement savings plan, what are you waiting for? A retirement plan can help you and your employees save for the future. And you’ll be in good company — over 1 million small businesses with 100 or fewer employees currently offer workplace retirement savings plans. Retirement Plans for Small Businesses


 

nest-eggWhat to do with your 401k when you change jobs?

As you consider your options, keep in mind that one of the greatest advantages of a 401(k) plan is that it allows you to save for retirement on a tax-deferred basis. When changing jobs, it’s essential to consider the continued tax-deferral of these retirement funds, and, if possible, to avoid current taxes and penalties that can eat into the amount of money you’ve saved. Read More »


 

insurance_folderWhat kind of insurance coverage do I need for my small business?

Your insurance needs will obviously depend in part on the type of business you operate. However, all business owners should consider at least three types of insurance. Read More »