Planning Process

The How-Can-I-Afford-It Analysis

Find out what it takes to reach your financial goals. Most people suffer tremendous anxiety, not knowing whether or not they are on track to accomplish their long term financial goals. Will you be able to stop working at some point if you so choose? Can you afford to send your children to college? Will your family have enough if something happens to you? If you have to care for your parents will it prevent you from ever retiring? Can you afford to buy a new home, or car, or boat? These are the types of questions that keep people tossing and turning all night.

The Money Machine Analysis is the descriptive tool I use to do the number crunching needed to get you on track. Using accurate information that we develop together, we can determine what you need to accomplish your goals. Then, after discussion and prioritizing, we develop a Four Bucket Plan© so you can easily act on your goals. The result is confidence, knowing where you are, and that you have a plan in place.

What will you receive:

• The Money Machine Analysis
• The Four Bucket Plan©

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The Right Investment and Tax Solution

Are you fearful or uncertain about your investment portfolio? Have an Investment Plan, not just investments. We are subjected to non-stop bombardment of investment "information" and opinion. The resulting confusion and anxiety sometimes encourages people to make decisions that generate revenue for the financial services industry, but can hurt the investor's financial health.

The Right Investment and Tax Solution utilizes a procedure similar to that used by large pension plans, endowments, and other institutions. Through a process of information and education, we develop an Investment Policy to guide your portfolio construction. This Investment Policy is based on your long term financial plan. It includes a cash analysis to make sure you have ample liquid assets to cover all near term needs. With a solid Investment Policy in place, and regular portfolio rebalancing and review, we are much more likely to achieve steady growth and security in the portfolio, certainly more so than if the portfolio is managed to chase the current fad or"hot" investment. Much of the anxiety disappears and you are able to spend your mental energy on more productive ventures.

In addition, we guide you toward finding the right qualified and non-qualified retirement plan options. We look for ways to minimize the taxes caused by your income, both earned and from your portfolio.

What will you receive:

• The Morningstar Portfolio Analysis
• The Personal Investment Policy Summary
• The Investment and Tax Action Plan

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Protecting Your Person

Make sure you have the right amount, the right type, and the right company for your life, medical, disability, and long term insurance. Ensure that it goes to the right people at the right time, and is not lost to taxes.

Life insurance is such a large asset that it has the potential to cause massive problems. More than 80% of the life insurance policies I have reviewed in my career are owned incorrectly and poised to trigger massive, unnecessary taxes. With care and thought, these structural problems can often be corrected in time.

Equally dangerous are some of the product problems caused by low interest rates and poor stock market results. Your policies may not be performing as projected and may even be in immediate danger of lapsing. All the premiums paid may be completely lost. In addition to the problems this may cause you, it creates a huge liability for fiduciaries such as the trustees of life insurance trusts. The sooner these problems are noticed, the more easily they can be corrected.

Improper deductible amounts as well as poor contract structure can cause your medical, disability, and long term care insurance to be more costly and less protective than you think.

What you will receive:

• The Insurance Summary Sheet and Analysis Report
• The Personal Insurance Confidence Action Plan

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Protecting Your Property

Be sure you and your family are protected from unforeseen liabilities and financial disasters.

It is hard to keep track of all the risks and liabilities that threaten your financial security. Many of them can be covered by insurance; but then we find that coverage overlaps or is inadequate. Others need to be addressed through sophisticated estate planning tools; but frequently people do not understand the consequences before they implement these protection strategies.

The Property Protection Plan starts with The Insurance Summary Sheet, an easy to understand inventory of your insurance policies. Then we develop a philosophy to guide your Property Protection Plan. Are there risks you can comfortably self-insure? Should you have high deductibles and low premiums, or pay more for more comprehensive coverage? Do you need to employ partnerships and trusts, or is that overkill for your situation? The goal is to make sure you can sleep easily at night knowing your major risks are covered.

What will you receive:

• The Insurance Summary Sheet
• The Property Protection Action Plan

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Protecting Your Estate

Prevent family discord by making sure your assets go to the right people at the right time, and with minimal loss to estate taxes.

Neglected estate plans can have serious consequences. For one thing, an enormous amount of money can be completely and unnecessarily lost to taxes. For another, wealth distributed among family without careful thought frequently causes bad feelings and can destroy sibling relationships. Nobody wants this.

Protecting Your Estate translates your wishes into as simple and cost effective Will and Trust arrangement as possible. Together with your estate attorney, we will explore the tax saving and protection options appropriate for your estate. Carefully understanding the consequences of each, we will make sure the proper documents are created, entities established, and all are correctly funded. I find most people understand diagrams more easily than they do a stack of documents. Part of the Design is to use diagrams to make sure the result is exactly what your want. The Visual Estate Flow Chart and the Will and Trust Summary make it easy to understand and remember what your estate plan looks like.

What will you receive:

• The Will and Trust Summary Sheet
• The Visual Estate Flow Chart
• The Estate Planning Action Plan

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The Essential Information Package

Lose your concern that no one would know where anything is, or where to turn if something happens to you. The Essential Information Package is a crucial summary and organization of your important financial documents.

Good financial planning starts with good data. By putting together an Essential Information Package you and your advisors will have a clear picture of your financial landscape. A comprehensive financial plan requires this picture to make sure all the parts of your plan are working in harmony. For the first time, all in one easy-to-read package, a summary of all your important financial information.

What will you receive:

• The Essential Information Package
• The Complete Family Protection and Information Book (extra)

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NFP Securities, Inc. does not provide legal or tax advice. Any decisions whether to implement these ideas should be made by the client in consultation with professional financial, tax and legal counsel.