In-Transition
Changes in technology, the workplace and society have left many professionals worried about their jobs and earning potential at a time when they should be at the height of their careers. They are concerned they may soon experience downsizing, layoffs, buyouts or burnout. To help them manage a transition, they are in need of a complete financial assessment, including evaluating cash flow needs, planning goals, transition liquidity needs and a loss of employer benefits.
What’s Important to those In-Transition
- Maintaining a lifestyle and saving for impending life events without a job
- Paying for college and possibly graduate school for children
- Managing cash flow
- Having walk-away funds
- Bonus planning
- Making employee benefit decisions
- Maximizing investments and asset allocation, but with a keen eye toward risk management in case of market downturns
- Monitoring Qualified plans
- Minimizing taxes
- Reviewing legal documents
- Understanding how to manage consumer debt (HELOCs and credit cards)
- Evaluating job offers
- Addressing matrimonial issues (divorce; second marriage)
- Planning for unforeseen events
How We Can Help
- Detailed financial plans, available online 24/7
- Risk management
- Business plan consulting
- Corporate formation
- Corporate retirement plans
- Buy-Out provisions
- Estate planning (review of existing documents)
- Stock option planning