There are many risks in life, some you can control and some you cannot. We try to help you mitigate those that are definable and controllable. Here are some examples of controllable risks:
Do you own too much of one stock?
We have seen equity holders of great companies watch their stocks drop precipitously. Keep diversified.
Do you have a plan for your stock options?
If you are a fortunate executive that receives stock options, the real goal is to create income for your family. We typically recommend an annual strategy of targeted liquidation. Maximizing the after-tax value of stock options can be a significant contributor to achieving your financial goals.
Do you have personal liability risk through work?
Many professions come with significant risk of personal liability. Whether you are a doctor, CEO or high profile professional, there are strategies you should consider to protect your family against personal lawsuits. These strategies may include putting significant assets in your spouse’s name, overloading your retirement plans or placing assets in specially designed trusts. Consider asset protection strategies.
Do you have immature children?
If something happened to you are your children ready to inherit your assets? We see many cases where this answer is no. We can structure strategies that pay out your assets over time and help your children succeed.
Is your insurance sufficient?
While we do not sell insurance, we can evaluate your existing policies and recommend professionals to help you comparison shop for products most suited to your goals and needs. |
