Client Types
FiscalWise excels at helping solve more sophisticated problems. These can be the case for individuals, business owners and medical/ health care professionals. Those that have complex finances find our service of great value to help them understand their many choices and make well informed decisions. Our experience allows us to devise creative, tax-efficient plans that help our clients achieve optimal results.
Entrepreneurs and Small Business Owners
Take risks with their business, so don’t necessarily want similar risks with their money. Often the needs of a business owner are to address their organization, business continuity planning and succession planning to assure the business receives the attention it deserves. This is especilly true when the buiness represents a significant portion of a client’s net worth. The estate planning and tax issues involved in managing, transitioning, or selling a small business require a thorough understanding of the issues and a keen eye on the details. This will enable the best result to occur for the business owner and to best adress their financial decisions.
Specific issues addressed:
- Consider the use of trusts to minimize gift and estate taxes
- Business-succession offerings where we discus the benefits of family limited partnerships
- Provide asset preservation by balancing risks with appropriate coverage
- We assume that every affluent client is different and should therefore be treated differently
Medical and Health Care Professionals
- Use all of the available options employers provide to promote the efficient deliver of services
- Business ownership and incentive programs are evaluated and promoted to maximize benefits to owners and key employees
- Provide asset preservation by balancing risks with appropriate coverage
- We assume that every Doctor or Associated Health Care Professional wnats to be provided unique and valued treatment and services from FiscalWise
Individuals
- Ongoing investment management and performance reporting
- Tax planning utilizing the tax code to advance the client’s financial situation
- Retirement (forecast benefits, costs, and options)
- Insurance protection (disability, life, health, property/casualty, long term care, liability - umbrella, professional, casualty, key employee, healthcare)
- Education funding requirements
- Employee benefit analysis
- Action Plan lists each action to be taken, responsible party, and oversight
- Access to a corporate trustee through Fidelity Institutional Wealth Services