Background: We have a successful business client that finds its owners wanting to do as much as possible for the charities that exist in their community. Both owners give of …
Case Studies
Buying Bonds without Buying Bonds
Background: Clients were moving through our PathWise™ Comprehensive Financial Planning Process. After evaluating their goals and objectives, a certain level of non-retirement (or non-qualified, as industry jargon would title it) that …
Achieving Retirement Clarity
Background: Many financial processes and products are designed for people who are nearing retirement. Why is this? Well, a famous bank robber was once asked, “Why do you rob banks?” …
To Convert or Not?
Background: A client had a large retirement account with $1,000,000 of value (100% in a deferred tax IRA) and this is the only asset that he owns that could be …
Giving it Back
Background: In most of our communities, many organizations reach out to local businesses to support their not-for-profit efforts. Most, if not all, are a good cause but it’s difficult for …
Building a Better Retirement Plan
Background: Two brothers own a construction business. Their spouses work there too with about six other employees. They currently have a SIMPLE IRA program. They had wanted to look at …
The Unintended Gift
Background: Sometimes clients aren’t thinking of making charitable gifts, but when “all facets” of their financial picture are reviewed a gift makes way more sense than a non-gift. Our Case: …
Trustee’s Fiduciary Duties
Background: Client acquired a life insurance policy in 1991 with a $700,000 face amount and an annual projected premium of $5,688. Client created an Irrevocable Life Insurance Trust at the …
