Guidance for Life’s Pivotal Moments
Life is full of unexpected events and transitions that can significantly impact your financial situation. Whether you’re dealing with a windfall, a major life change, or an unforeseen challenge, we’re here to help you navigate these special situations with confidence and clarity. Our comprehensive approach helps ensure that you make informed decisions that align with your long-term goals and preserve your financial well-being.
Life’s biggest challenges can impact your financial future. If you’re facing a major life event, we’re here to help.
- Our guidance
Expert support during life’s financial turning points:
Inheriting an Estate
Inheriting an estate can be both a blessing and a burden, bringing with it complex financial and emotional challenges. We provide guidance on how to manage inherited assets, including understanding the tax implications, deciding whether to keep or sell inherited property, and incorporating these assets into your overall financial plan. Our goal is to help you preserve and grow your inheritance while respecting the legacy left to you.
Receiving Life or Disability Insurance Benefits
Receiving a lump sum from life or disability insurance can be overwhelming, especially during a time of loss or hardship. We assist in managing these benefits, helping you make decisions about how to allocate the funds to cover immediate needs, pay off debt, invest for future growth, or provide long-term financial security for you and your family.
Caring for Elderly Parents
As our loved ones age, the responsibility of caring for elderly parents often falls on their children. This can involve making difficult decisions about healthcare, long-term care, and managing their finances. We help you navigate these challenges by developing a comprehensive plan that addresses their care needs, explores options for long-term care insurance, and helps ensure that their financial resources are managed effectively, which can protect both their well-being and your own financial stability.
Divorce and Second Marriages with Blended Families
Divorce and remarriage bring unique financial challenges, especially when blending families with children from previous relationships. We provide guidance on dividing assets equitably during a divorce, including retirement accounts, real estate, and business interests. For second marriages, we help you navigate the complexities of combining finances, protecting assets for your children, and planning for future inheritance and estate issues. Our goal is to ensure that your financial strategy reflects your new circumstances while protecting the interests of all family members.
Social Security Spousal Benefits
Maximizing Social Security benefits is an important aspect of retirement planning, particularly when it comes to spousal benefits. Whether you’re eligible for benefits based on your own work record or your spouse’s, we help you determine the best strategy for claiming Social Security. This includes timing your benefits to maximize payouts, understanding survivor benefits, and coordinating Social Security with other retirement income sources in an effort to optimize your financial security.
Selling a Business
Selling a business is a significant financial event that requires careful planning and execution. We guide you through the entire process, from valuing your business and identifying potential buyers to negotiating terms and structuring the sale for maximum tax efficiency. We also assist in planning for the reinvestment of sale proceeds to help ensure your financial security post-sale, helping you transition smoothly into the next phase of your life.
New Job with Significant Stock Compensation
Starting a new job with substantial stock compensation can be an exciting yet complex opportunity. Whether you’re receiving stock options, restricted stock units (RSUs), or employee stock purchase plans (ESPPs), we help you understand the implications of your compensation package. Our guidance includes strategies for managing tax liabilities, deciding when to exercise options, and integrating your stock compensation into your broader financial plan to help ensure it aligns with your long-term goals.
Windfall Events
Unexpected financial windfalls, such as winning the lottery, receiving a large bonus, or settling a lawsuit, can dramatically alter your financial landscape. We help you make wise decisions about how to manage and invest your newfound wealth, focusing on tax implications, debt reduction, and striving to ensure that the windfall supports your long-term financial goals rather than becoming a short-lived boon.
Major Health Events
A serious health diagnosis can have profound financial implications, from medical expenses to the potential loss of income. We assist in navigating these challenges by helping you review your insurance coverage, access benefits, and adjust your financial plan to accommodate new needs. Our goal is to alleviate the financial stress associated with health crises, allowing you to focus on recovery and well-being.
Relocating or Expanding Your Financial Footprint
Relocating, whether for work, retirement, or personal reasons, often involves significant financial considerations. We help you evaluate the financial impact of moving, including changes in cost of living, tax implications, and real estate decisions. If you’re expanding your financial footprint by purchasing property or investing in another state or country, we guide you through the legal, tax, and financial complexities to help ensure a smooth transition.*
*United Planners’ representatives do not provide tax or legal services.
Managing Family Wealth
Whether you’re managing a family trust, overseeing a family business, or involved in multi-generational wealth planning, the responsibilities can be immense. We offer expertise in managing family wealth, helping ensure that your assets are protected, your family’s needs are met, and your legacy is preserved for future generations.
Sudden Career Changes
Whether due to an unexpected layoff, career transition, or early retirement, sudden changes in employment can disrupt your financial plans. We help you reassess your financial situation, develop a plan to replace lost income, manage severance packages or early retirement offers, and explore new opportunities for financial growth.
