Comprehensive Wealth Management/Estate and Financial Planning

 

Comprehensive Wealth, Estate and Financial Planning Services

 Each Diversified Financial Group (“DFG”) financial planner partners with clients to identify long-term financial goals, remembering that no two client’s financial profiles are the same. Our advisors tailor the planning process using the most appropriate tools, ranging from providing diversified investment management to serving in a broader fiduciary capacity to our clients. We continuously monitor the wealth, estate and financial planning processes in order to create a well-coordinated estate plan as life circumstances change. Our comprehensive financial planning process involves a thorough review of some or all of the following areas:

 

Estate Planning:

 DFG professionals serve as “quarterback”, co-ordinating with other professionals (attorney/accountant)

  • Implement a customized estate and financial plan, oversee its progress, and evaluate its suitability as regulations, life circumstances and financial goals change.
  • Address all relevant issues in the estate and financial plan to minimize estate and income taxes, preserve and grow accumulated assets and provide for an orderly distribution of assets.
  • Techniques include:
    • A review of types of wills and trusts in conjunction with third party attorneys
      • Including current federal and state estate tax laws
    • Uses of an irrevocable life insurance trust
    • Gifting strategies and annual exclusion gifts
    • Provisions for minor children

 

Retirement Income Planning:

 

  • Seek to provide you with the stability and security of systematic paychecks while managing withdrawals, assets, and risks to last throughout your lifetime.
  • Understand your financial goals and asses their feasibility given your financial profile.
  • Flexibility to use a combination of investment products to provide a customized solution for your retirement income including
    • Cash, Stocks, Bonds, Mutual funds, Third Party Money Managers*
    • Variable annuities*
    • Alternative investments (non-traded REITs and other structured investments)*
  • Monitor cash availability for stated income needs and liquidity requirements

 

Risk Management Strategies Utilizing Insurance (Life/Disability/Health/Long-term Care/etc.):

 

  • Thorough review of your existing policies, recommending changes as appropriate
  • Assist you in modifying existing policies or obtaining new ones

 

Education Funding:

 

  • Through use of Section 529 College Savings Plan, Coverdell ESAs, and UGMA/UTMA accounts*