Estate Planning Services
We take the time to truly understand our clients' needs and their financial situations through an extensive one-on-one consultation and diligent review of personal financial data. We use our expertise to help our clients make informed decisions based on their unique situation and financial goals by delivering a customized set of recommendations and alternatives.
Once a client has met with a member of the Estate Strategies team and specific goals are determined we begin to formulate a plan using proprietary computer modeling and analysis to determine the appropriate steps to help achieve those goals. The plan is then reviewed by the client and Estate Strategies works with the client to implement it. We have longstanding relationships with the leading providers of insurance and investment products through our broker-dealer Hornor, Townsend & Kent, Inc., (HTK)
When appropriate, Estate Strategies offers insurance products to help meet the individual needs of our clients. Our products include life, long term care and disability insurance, as well as annuities. We also specialize in employee benefit plans for small to medium sized companies.
- Life Insurance
- Long Term Care Insurance
- Disability Income Insurance
- Employee Benefits Packages
- Life Settlements (Sale of existing Life Insurance Policies)
Through the planning process, we can help identify areas for improved tax efficiency, risk assessment and portfolio optimization. We coordinate these efforts to help achieve funding objectives through comprehensive consideration of all factors.
- Creative Tax Savings Strategies
- Risk Management
- Managed Accounts
- Mutual Funds
- Retirement Planning
- Educational Funding
- Charitable Planning Techniques
Retirement Plans for Business Owners
We have experience in establishing, or reviewing existing, retirement plans for business owners that allow the business owners to maximize their pre-tax savings and provide their employees with a competitive retirement plan. Options include:
- Simple IRAs
- SEP IRAs
- Defined Benefit Plans
- Executive Carve-Out Plans
Succession Planning for Business Owners
One of the most important things a business owner can do is to make sure his or her business has a succession plan in place. Through properly structured buy-sell agreements and adequate insurance coverage a business owner can rest assured that their families will be adequately compensated for the business they spent their lives building.
- Stock Redemption Buy-Sell Agreement
- Cross Purchase Buy-Sell Agreement
- ESOP Plans