Financial Planning
We don’t separate financial planning, investment management, estate guidance, and tax into disconnected buckets. Collectively, we operate as one team, bringing in the right mix of expertise for your situation.
This holistic approach to managing your wealth enables us to more effectively reduce costs, leverage opportunities and, ultimately, help you build a strong financial foundation to maintain your lifestyle throughout your retirement, and create a legacy for future generations.
Meeting you where you are at, let us provide a continuum of financial planning that evolves with the stages of your life. A sampling of what you can expect:
- Provide an objective review with recommendations, cash flow projections, balance sheet reviews, and other guidance to keep your financial plan in balance.
- Help effectively plan and maintain your current lifestyle throughout your retirement years.
- Initiate plans to fund advanced education for children and grandchildren.
- Plan for liquidity events, such as the sale of a business or real estate transaction, coordination of IRA rollovers, deferred compensation, and stock options.
- Create a plan to support the tax-efficient transition of your wealth.
Estate Planning Guidance
Thoughtful estate planning is an important part of your overall financial plan. From minimizing tax exposure to asset distribution, our advisors evaluate potential solutions with you while working closely with your attorney.
Here are some of the things we take into consideration:
- Estate Tax Minimization: Reduce your tax burden and maximize the value of your estate.
- Asset Protection: Safeguard your assets from potential creditors.
- Inheritance: Create a smooth transition of your assets to future generations.
- Special Needs Planning: Provide for loved ones with special needs.
Charitable Giving Strategies
At Prosperity, we design charitable giving strategies to help you achieve your philanthropic goals and legacy while optimizing the financial benefits. Our services include:
- Coordinating philanthropic goals into financial plans
- Managing a gift of appreciated securities
- Evaluating and implementing gifting strategies, such as the use of donor-advised funds, a private foundation, or a charitable remainder trust (CRT)
Divorce Planning
Divorce can be complex, emotional, and costly. We help you navigate financial decisions, aiming to reduce stress and maximize outcomes. Our expertise supports you throughout both the pre- and post-divorce process, addressing key financial issues such as:
Pre-Planning
- Impact of property division (short- and long-term)
- Tax considerations
- Matrimonial home affordability and alternatives
- Life insurance and long-term care needs
- Financial analysis for divorce settlements (with your attorney)
- Identifying future financial goals and retirement planning
- Budget development
Post-Planning
- Updating titling of accounts, beneficiaries and estate planning documents
- Understanding new tax requirements
- Accessing need for asset protection and insurance
- College education planning for children
- Navigating health care
- Analyzing financial scenarios and projections based upon your new financial goals, risk tolerance, expenses, lifestyle desires, etc. so you do not outlive your money
Contact Us
We’re here to help you achieve your financial goals. Schedule a consultation today.
Our Team
Our advisors have years of experience and knowledge in the financial service and accounting industries.
