Financial Planning Services

PagnatoKarp’s Financial Planning services address the complex needs of affluent individuals and families.

Financial Independence Modeling

  • Cash Flow analysis and income projections
  • Monte Carlo simulations
  • Distribution strategies
  • Social Security and pension optimization strategies
  • Required minimization distributions (RMDs) strategies
  • Retirement plan rollover option analysis
  • Employer retirement plan review and recommendations

Portfolio Review and Optimization

  • Risk tolerance profile
  • Asset allocation modeling
  • Create Investment Policy Statement
  • Portfolio volatility testing
  • Asset location analysis
  • Unrealized gain analysis and minimization strategies

Planning for Business Owners

  • Pre-sale planning
    • Tax reduction and estate freeze strategies
    • Coordinate/collaborate with your advisory team
    • Business legal structure consulting
    • Negotiation strategies
  • Succession planning
  • Tax deferral strategies

Planning for Corporate Executives

  • Concentrated stock and option planning
  • Tax reduction strategies

Philanthropic Planning

  • Discuss and help develop charitable goals
  • Analyze and advise on most suitable charitable vehicles:
    • Private Foundations
    • Donor Advised Funds
    • Charitable Remainder Trusts
    • Charitable Lead Trusts
  • Assist in involving entire family in philanthropic giving decisions

Special Circumstances

  • Pre and post divorce planning
  • Consulting for same-sex or unmarried couples
  • Special needs planning

Estate Planning

  • Review and summarize existing legal documents
  • Prepare flow charts of existing and recommended estate plans
  • Formulate recommended estate plan
  • Calculate estate tax and discuss potential tax minimization strategies
  • Wealth transfer and legacy planning
  • Multi-generational estate planning
  • Philanthropic planning
  • Coordinate and collaborate with client’s legal and tax advisors
  • Consult on estate administration
  • Review and optimize beneficiary designation/ownership structures
  • Asset protection planning

Tax Planning and Preparation

  • Business transactions
  • Gifting
  • Tax loss harvesting
  • Company retirement plans
  • Marriage and divorce

Family Dynamics, Education, and Governance

  • Create a family vision, mission, and values
  • Facilitate multi-generational family meetings
  • Family governance
  • Counsel on impact of sudden wealth
  • Prepare rising generation
  • Write your letter of wishes

Fiduciary Risk Management

  • Review and summarize coverage
  • Conduct needs analysis
  • Beneficiary and ownership review/optimization
  • Coordinate with your insurance agent

Liability Management

  • Purchase and refinance options analysis
  • Facilitate loan procurement

Education Planning

  • Calculate education funding needs
  • Compare savings vehicles (529 plans, trusts, etc.)