Painting a portrait of THE LIFE THEY’VE ENVISIONED

Having raised a family and built successful careers over forty years, Paul and Colleen were ready to make the leap to retirement – but they knew they needed a little extra guidance on planning their retirement income and continuing their charitable endeavors. In addition, there were some concerns about one of their daughters who had graduated college and was going through a rocky time. Providing financial assistance to her was important to them; but they didn’t want to derail their own goals.

After meeting with Paul and Colleen several times to truly understand their concerns and overall vision, we created a comprehensive financial plan. This consisted of a Grantor Retained Annuity Trust (GRAT) to address their desire to assist their daughter, a donor-advised fund for their charitable endeavors and an investment plan that maximized their income in a tax-efficient manner.

Once the plan was presented and implemented, retirement became a reality for Paul and Colleen. They felt confident in their financial decisions and were finally ready to enjoy the next chapter in their lives, in which we continue to play a significant role.

The hypothetical example above is for illustrative purposes and is not representative of any actual experience. Individual results will vary.