| Retirement Planning | - Helps prepare the estimated retirement needs and expenses at a specified retirement date.
- The analysis may be focused on accumulation as well as distribution for retirement, estimated social security benefits and other funding sources, such as employer pension plans.
- Illustrations provide the client with various alternatives available, based upon factors such as different retirement dates, additional or alternative savings and investment strategies, and risk tolerance.
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| Retirement Distribution Planning | - Focuses solely on the distribution of retirement assets and not on accumulation.
- The analysis projects the estimated distribution of retirement income for a specific period of time for clients who are at or near retirement.
- The analysis considers current assets designated for retirement, estimated social security benefits, and other funding sources such as employer pension plans.
- Illustrations provide the client with various alternatives available, based upon factors such as different retirement dates, additional or alternative savings and investment strategies, and risk tolerance.
- The Retirement Distribution Plan is available only as a stand-alone ProAdvice Select/Situational plan and may not be combined with other situational modules.
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| Investment Planning | - Includes an examination of the client's current goals and objectives for the distribution of his or her property.
- This analysis includes an examination of the client's gross estate and the distribition of property based upon the client;s current estate plan.
- Projected estate taxes and related settlement costs based upon various assumptions are considered.
- The analysis explores alternatives for mimimizing settlement costs such as titling assets, using trusts, gifting strategies and charitable planning.
- An examination of possible finding sources for providing liquidity may also be included.
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| Estate Planning | - Involves an analysis of a client's goals and objectives for the distribution of his or her property.
- This analysis includes an examination of the client's gross estate and the distribution of property based upon the client's current estate plan.
- Projected estate taxes and related settlement costs based upon various assumptions are considered.
- The analysis explores alternatives for minimizing settlement costs such as titling assets, using trusts, gifting strategies and charitable planning.
- An examination of possible funding sources for providing liquidity may also be included.
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| Business Continuity Planning | - Incorporates an analysis of the available methods of transferring ownership and operational control of a closely held business based upon various assumptions.
- This analysis examines the client's current business objectives while minimizing transition costs (e.g., using trusts, gifting strategies, buy-sell agreements).
- An examination of possible funding sources to facilitate the transfer of the business and provide liquidity to meet related estate planning objectives may also be included.
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| Employee Benefits Planning | - May include an analysis of both nonqualified and qualified (i.e. tax sheltered) retirement plans for businesses and other employee benefits such as group insurance policies, bonus plans and split dollar arrangements.
- Analysis of nonqualified employee benefits plans include a review of available methods for providing nonqualified retirement, death and/or disability benefits of key employees based upon various assumptions.
- Review of qualified employee benefits plans provides an analysis of the tax sheltered retirement arrangements available under current tax law. This analysis examines available options based upon factors such as corporate demographics and the client's objectives.
- Finding sources such as life insurance and investment products may be examined for the purpose of providing benefits to employees. This plan does not provide an analysis of, or, advice on, the underlying investments held within qualified plans.
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