Depending on what’s best for you and your family, our planning may include the following services:
Financial Planning and Consulting
- Cash flow, budgeting and liquidity planning
- Estate planning, probate planning, implementation and mapping
- Retirement planning and benefits consulting
- Education planning
- Coordination of relationships with external service providers—e.g. CPAs, attorneys and insurance agents
Investment Selection and Management
- Vetting/selection of investment managers and investment vehicles, including direct investment in alternatives, through competent, robust investment teams
- Research and recommend broadly diversified, income tax-efficient investments and investment asset location strategies
- Develop Investment Policy Statement (IPS)
- Ongoing asset allocation and rebalancing to ensure optimal portfolio performance
- Portfolio monitoring and reporting
Tax Planning and Consulting
- Annual and ongoing tax planning (estate, regular income & AMT, inheritance and gift tax)
- Management and administration of IRS notices/audits
- Stock option and executive compensation planning
- Tax preparation, if desired
Insurance Review and Risk Assessment
- Review existing policies for all forms of insurance (e.g. life, home, auto, medical, disability, umbrella liability, long-term care, etc.)
- Analyze insurance needs and recommend alternatives to meet them
- Work with an unaffiliated insurance provider to implement risk management recommendations and strategy
Estate and Legacy Planning
- Review existing documents relative to client goals and objectives (e.g. wills, trusts, powers of attorney, etc.)
- Prepare estate plan recommendations
- Recommend alternative planning strategies to minimize tax effects of wealth transfer and maximize benefit to heirs (e.g. titling of assets, beneficiary designations, use of trusts, etc.)
- Work with an unaffiliated estate attorney to implement estate plan and review attorney-prepared estate documents
Family and Charitable Gifting Strategies
- Analyze and recommend effective gifting strategies for transferring wealth to heirs and/or preferred charitable causes
- Private foundation management
- Donor-advised fund management
- Passing charitable values to next generation
Please Note: The scope of any financial planning and consulting services to be provided depends upon the terms of the engagement, and the specific requests and needs of the client. JFS does not serve as an attorney, accountant, or insurance agent. JFS does not prepare legal documents, nor does it sell insurance products. As described in JFS’ written disclosure Brochure (a copy of which is linked to this website), if the client desires, the client can engage JFS for tax preparation services, and/or engage JFS’ licensed insurance agency, JFS Risk Management, for insurance sales/services, per the terms and conditions of a separate engagement and fee.