Financial Planning Services
John D. McPhee & Co. provides assistance with long-term retirement strategies, estate planning, and tax services for individuals.
What we can do for you:
Review the existing estate plan, evaluate alternatives to minimize costs and taxes, and outline strategies for optimizing Social Security retirement and survivor benefits
Project retirement income, implement long-term accumulation strategies, and design a tax-efficient withdrawal plan for retirement
Revocable beneficiary designations for life insurance products and retirement assets
Illustrate methods to transfer special assets, such as a farm, vacation property, or a family business
Charitable gifting questions and strategies to maximize estate and income tax benefits
Education planning for children and grandchildren as regards to scholarship and tax planning
Planning for family members which may have special needs and require ongoing assistance
Request a Free Consultation
Click below for a free consultation regarding our financial planning services.
Retirement & Estate Planning
Estate planning has changed from the way it was years ago when a person went to a lawyer for preparation of a will, with no thought given to estate, gift, generation skipping transfer, and income taxes, because there weren’t any.
Estate planning involves more than the mere transfer of wealth from one generation to the next. Now it has become much more involved with the acquisition and preservation of an estate during the owner’s lifetime — with financial and tax planning.
In estate planning, as with investing, time can be a powerful ally. Strategies put in place during the estate owner’s lifetime can be much more effective than a plan contained entirely in one’s will.
How can John D. McPhee & Co. help with my financial planning needs?
We start by reviewing your current financial plan and looking at the various financial and estate planning options available.
If you find tax and other costs attributable to the existing plan unacceptable, we suggest alternative planning options and illustrate the tax and financial consequences likely to result. We'll begin with techniques requiring the least amount of change, and project the likely costs and benefits for each successive planning option.
We'll help you decide on a long-term strategy that fits your needs, which will then be implemented in simple steps, over your lifetime. This plan will be reviewed and modified as needed, as circumstances change. Most importantly, you, as the client, have complete control over what steps to take and when.
Request a Free Consultation
Click below for a free consultation regarding our financial planning services.