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70 Queendale Center |
Do You Really Need Financial/Estate Planning?
Step One: Define Goals and Objectives
Clear statements of commitments like education expenses, retirement income, property distribution at death, and other circumstances help focus financial responsibilities and opportunites. Inflation, deflation, taxation, illness, accidents, advancing age, and death do happen and do affect your needs and your ability to meet them.
Step Two: Itemize Assets, Liabilites, and Cash Flow
This identifies what has been accumulated and have available to achieve financial objectives.
Step Three: Review Performance to Date
With regard to your defined objectives, you need to look back and see how your investments have done. Many persons find this difficult to do; habits, assumptions, and emotions all interfere with our objectivity.
Step Four: Choose the Best Way
Having identified the problems, you can decide on the most suitable way to solve them. Many solutions to financial dilemmas are quite complicated, and an answer that solves one problem may well create another. You will need expert help to utilize and coordinate information from many areas of law and finance.
The Current and Deferred Giving Program of Red Bird Mission provides a professional planning service to interested members of the denomination. Competent financial planners will analyze and review your present situation and prepare a Report with Recommendations at no cost to you.
Many who have taken advantage of this complete Financial Planning service express greater confidence in their ability to achieve their financial goals and to be better stewards.
Please contact your legal or financial advisor before making a decision about any planned gift. The information here is only intended as an educational tool.
Mission Advancement Email P (606) 598.3155
