How do I make sure my parent’s investment strategy is appropriate for them?

Define the issue in a way so that visitors know you understand exactly what they are experiencing.

The Scenario

It’s difficult to decide what to do when an aging parent no longer has the desire or capacity to manage his or her own finances. Typically, these situations can carry significant burden as it’s one thing to control your own future, but it’s another to  have control over someone else’s. In many cases, the individual being granted this control may not have the experience, expertise or time to effectively guide the investment and portfolio decisions in their parent’s place. They may want to hire someone to help offload some of the burden.

Key Considerations

  • If you are successor trustee or a power of attorney for your parents, how do you plan to fulfill your fiduciary and legal duty to them?

Pose a question in a way that creates a call to action

How we help

Having helped many clients through this experience, we understand the amount of time it takes to help a loved one with his or her finances. No matter how organized your situation may be, it is still a large undertaking. Our goal is to understand where you are today, where you want to be in the future, and identifying ways we can implement solutions to achieve your joint goals.

Our process includes:

  • Preparation of tax returns
  • Review and recommendations on current estate plan
  • Finding the right balance of stability, income, and growth for their portfolio
  • Calculating and distributing Required Minimum Distributions for IRA accounts

Tired of missed opportunities? Ready to secure your future?

Start your FREE consultation today!
business man showing client a contract