Key Elements of Financial Planning

Inflation. Changing Estate tax laws. Shifting financial markets. Evolving personal, business, and family circumstances. Each situation impacts your life insurance needs. And, while you can't be expected to keep up with the many changes in all these areas, we can. Because of our ability to help keep your insurance program up to date, we often uncover problems or deficiencies that might otherwise be overlooked. For example:

Business Succession Planning


Everyone who owns a business must face the inevitability of business succession. Yet, 25% of senior-generation family business shareholders have not completed any estate planning other than writing a will. Perhaps that explains why only about 30% of all family owned businesses survive into the second generation. 12% are viable only into the third generation, and a mere 3% operate at fourth-generation level and beyond.*

*Source: Joseph Astrachan, Ph.D., editor, Family Business Review, as cited by Family Firm Institute, August 2001.

Estate Planning

Estate taxes can significantly shrink the size of your estate, so proper planning is critical to help minimize estate settlement costs and provide a more assets for your family. We can help you identify the appropriate ways to pay estate taxes and pass more of your estate to your heirs without paying taxes more than is legally required.


Family Income Planning

As long as your income is secure, family financial needs can be met. However, death or disability can alter your financial situation if you’re not prepared. We want to help you determine whether you have adequate insurance, benefits, and other assets to allow your family to continue in the kind of lifestyle you desire.