Risk Management is a building block of any long-term financial strategy. Think of it as contingency planning for your financial goals. You do not want your plans to come crashing down due to unforeseen events. While some risks can be self-insured, some may decimate your finances, and those are often outsourced to an insurance company. We make sure our clients have contingency plans in place, and understand the level of insurance needed to ensure their plans will complete even if the unexpected occurs. A few of the main issues include:

• The ability to pay for healthcare costs – be they medical or long-term care needs
• Replacing lost income in the event of a disability
• Providing liquidity for your family in the event of an untimely death
• Providing the funding for a buy/sell agreement in a business situation
• Equalizing estates for heirs or providing funding for estate taxes for those facing those issues

Our team is well versed in the ways to own and design insurance plans to meet the needs of our clients. We start with the big picture, focus on the need first, and then define the proper type and ownership structure for the solution. Nobody likes to dwell on the unexpected, but proper planning in this area can bring peace of mind while pursuing your dreams.