Our ApproachPartners through
all of life's chapters
We believe that financial planning is a journey, not a destination. Our approach is rooted in the understanding that your life isn’t static—it’s a series of evolving chapters, each with its own unique needs, joys, and challenges. We don’t just offer advice from the sidelines; we walk hand-in-hand with you through every milestone, ensuring your plan stays as flexible and vibrant as your life is.
We see ourselves as more than just advisors; we are your advocates and confidants. Our process is designed to be a collaborative experience where you feel empowered to ask questions and take ownership of your future. We are dedicated to providing the consistency and care needed to support your lifestyle today while intentionally designing the legacy you wish to leave behind.
01
Business Owner Considerations
As a business owner, you have specialized financial planning requirements. You need a wealth management strategy that will not only help empower your family's financial future, but also answer the question of what will happen to your business when you choose to take a less active role. Whether you choose to transfer out of your current role or leave the business altogether, a business succession plan can help ensure the orderly transfer of ownership to your partners, other family members or your heirs.
I find that navigating buy/sell agreements and quarterbacking partnership discussions are among our most valuable services for business owners. I provide assistance and guidance in negotiating, creating and implementing business agreements between partners, family members and executives in companies of all sizes. In many cases, existing agreements can be incomplete and expose owners to inappropriate risks. My work can identify and close these gaps.
Whether your company remains in the family or if proceeds from an exit strategy become a sudden windfall, it is important to coordinate estate, investment, and financial planning. I know the right questions to ask, the common mistakes to avoid and the tools that can help you pursue your goals.
02
Financial Planning
Nothing works like having a plan.
Like anything in life, it needs to be customized to you, focused on specific and measurable goals and be flexible to meet the everchanging landscape of your life.
I love getting to know you and creating a lifelong relationship to work beside you towards your personal and business planning aspirations.
I look forward to helping you create an investment strategy.
03
Retirement Planning
Retirement is an ever-changing concept that means different things to different people. To some, it is an opportunity to scale back on the amount of time spent at work. Others look for an opportunity to try a second career or to explore volunteer opportunities. Still others view it as an opportunity for leisure and travel.
However, with the variety of options, complexities of retirement savings vehicles, and uncertainties of longevity and inflation, the notion of your retirement may seem uncertain.
There are a myriad of different questions that need answers. I can help guide you by:
- Determining whether you are on track to address your retirement goals
- Ascertaining whether you are able to retire early or how your situation changes if you work longer Modeling specific scenarios you desire (career changes, buying a new house, sale of a business, etc.)
- Analyzing the allocations of your retirement plans
- Establishing the optimal time to take social security
- Reviewing an appropriate retirement vehicle in which to invest your retirement savings
- Evaluating alternatives to mitigate your taxes during retirement
04
College Funding Solutions
Providing funds for a child’s education is one of the most important financial commitments most parents will make.
Unfortunately, the cost of providing a higher education is soaring. For most parents, developing a plan for meeting education expenses has become essential.
Appropriate planning entails gathering tuition costs, selecting appropriate investments, evaluating pre and post-tax payment strategies, income shifting, gifting strategies and more. The good news is that by planning well, you can fund most (if not all) of your child’s education.
Aist Wealth Planning has particular experience in:
State sponsored 529 plans
- Section 529 plans offer a potentially efficient way to save for future college expenses. Also known as qualified tuition programs, 529 plans are named for the section of the tax code that provides for their favorable tax treatment. They are designed to help fund the future college educations of children, grandchildren and others. Contributions to 529 plans are made with after-tax dollars; any earnings at distribution for qualified expenses, such as tuition, books and room and board, are exempt from federal taxes. Most, but not all, states also allow tax-free withdrawals.
- I am able to help you determine whether a 529 plan suits your college expense planning needs.
State sponsored pre-paid tuition plans
- Most parents would like to have some measure of certainty when preparing for their children’s future. Prepaid college tuition plans can help them do this by locking in tomorrow’s tuition costs today. By setting aside a fixed amount of money every month for a fixed period of time, your child will have his or her tuition and fees fully covered for a predetermined course of study.
- I am able to assist you in determining whether this program fits your college expense planning needs.
Custodial accounts including UGMA/UTMA
- An UGMA/UTMA account is a custodial account established at a financial institution for a minor child and managed by a parent or other designated custodian. It is established under either a state's Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA). These accounts have several advantages:
- So long as the contribution to the child is under the annual gift exclusion, the gift is out of the parents' estate.
- Since the child's tax bracket is likely lower than the parents', that income may be taxed at that lower rate (to an extent).
- The accounts also provide asset protection to the parent, since the assets belong to the child.
- I have experience in evaluating the advantages and disadvantages of UGMA/UTMA accounts compared with other savings vehicles for your specific financial situation. I may also provide strategic analysis of how UGMA/UTMA accounts can be integrated into the rest of your financial plan, especially in light of recent tax law changes.
Financial aid planning
05
MILLENIALS & WOMEN'S PLANNING
For those in their prime working years, special attention needs to be taken to make certain your resources align with your specific needs. Whether raising a family, a woman on her own or running a business, we need you to enjoy this time in your lives and prioritize your assets towards your lifetime focus. Nothing feels as good as peace of mind and a zeal for life - at every stage.
06
Financial Education for Employees
Your business has been your life's achievement, you have brought others along with you, offered your employees the best benefits and worked hard to overcome all obstacles. Your employees are your lifeblood, but perhaps could use some guidance. We offer financial education to them at NO COST to the employer covering topics such as budgeting, investing, insurance and even step by step planning towards their best life.
Please don't wait to offer this FREE benefit to your most important resource.
Social Security: By the Numbers
