"Where will my assets go when I'm gone?"
"How does this event impact my financial life?"
"Will my money last me for my lifetime?"
eMoney Advisor® — Connecting your money to what is important in your life
Our investment / wealth planning tool, eMoney Advisor®, can help set and track progress of goals and objectives over time. We are capable of developing plans that include family members, different types of trusts, businesses, real estate assets and insurance products. We will review your current plan and consider different scenarios to find a plan that suits you.
We do not charge a separate planning fee. We feel this allows us to always keep your planning forefront without hesitation to build your plan, make necessary updates, and revisit your plan at any time.¹
Tax Mitigation Strategies
Taxes are a subject no one enjoys, but we do enjoy finding the best strategies to help you mitigate your tax situation. Sometimes this means finding a strategy for an unusual event that occurs in one year and sometimes it is finding a strategy for long-term use.
Our team stays current on these strategies and continues to seek other strategies to make sure all options are presented for your specific situation.²
Estate Planning Strategies
Estate planning is a crucial action for each person to complete. We encourage each client to have a plan in place and to revisit their plan with their attorney every three to five years to stay current with life changes and changes to laws.
It is our goal to ensure we know your plan and wishes, and that we have each account or insurance policy properly titled with beneficiaries or other necessary parties listed and up-to-date. We look to serve you and protect your plan when you pass away.²
Generational Wealth Transfer
Wealth transfer is inevitable. Successful wealth transfer is not.We are happy to help facilitate family discussions regarding what the wealth transfer for the family looks like in order to educate the next generation. The goal is to prepare this next generation to responsibly manage the assets when they inherit them. We understand these conversations can be uncomfortable which is why we welcome the opportunity to foster and guide you and your loved ones in this process.
¹The projections or other information generated by eMoney regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time.
Based on accepted statistical methods, eMoney uses a mathematical process used to implement complex statistical methods that chart the probability of certain financial outcomes at certain times in the future. This charting is accomplished by generating hundreds of possible economic scenarios that could affect the performance of your investments. Using Monte Carlo simulation this report uses up to 1000 scenarios to determine the probability of outcomes resulting from the asset allocation choices and underlying assumptions regarding rates of return and volatility of certain asset classes. Some of these scenarios will assume very favorable financial market returns, consistent with some of the best periods in investing history for investors. Some scenarios will conform to the worst periods in investing history. Most scenarios will fall somewhere in between.
²Wells Fargo Advisors does not provide legal or tax advice.