” Jayne: Maximizing Net Cash Flow

What are your biggest financial challenges today?

Creative Planning Strategies

2020-11-19T17:33:04-05:00

What are your biggest financial challenges today?

https://cpsnyc.com/testimonials/thought-4-biggest-financial-challenges/

Creative Planning Strategies

Jayne: Maximizing Net Cash Flow

At 65, Jayne had recently retired from a successful career as a corporate executive. She was widowed with one married daughter and two grandchildren. She was also apparently financially secure, with a net worth of $15 million. But Jayne wanted greater certainty that she would be able to enjoy a sufficient income in retirement and at the same time provide a significant legacy for her daughter and grandchildren after her death. Her CPA suggested she talk to CPS.

Financial Overview

Jayne’s assets were allocated among muni bonds ($4M), stocks ($3M), investment real estate ($4M), her home ($3M) and cash ($1M). In addition, she was receiving $500,000 per year in a ten-year deferred compensation plan, as well as $180,000 for life through an annual defined benefit plan. Some of Jayne’s biggest worries centered on those two income sources. The deferred compensation plan would run out after 10 years and the defined benefit plan would end at her death. Jayne’s dilemma was to either leave a smaller legacy to her daughter and grandchildren or to spend less of her own money. Furthermore, she did not want to saddle her daughter or grandchildren with significant estate taxes and related costs.

The 3D Wealth™ Difference

By implementing a comprehensive 3D Wealth™ strategy, Jayne avoided having to make a difficult choice between her two objectives. With little or no additional out-of-pocket outlay – or any negative financial impact to Jayne – we generated tremendous results:

Enhanced net retirement cash flow for Jayne’s daughter
Greater legacy for Jayne’s grandchildren
More estate tax efficiencies for all three generations
Additional financial freedom for Jayne

“I trust Scott Silbert. Scott is a straight shooter who always looks out for the best interests of his clients. He shows you why it's positive and beneficial to you, your heirs, and their heirs in the long run. He carries the ball to the finish line.”

Ira Kriegsman, CPA
President
Ira D. Kriegsman CPA PC

Creative Planning Strategies

2020-10-26T19:57:06-04:00

Ira Kriegsman, CPA
President
Ira D. Kriegsman CPA PC

https://cpsnyc.com/testimonials/ira-kriegsman-cpa/

Creative Planning Strategies

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