Financial Planning & Proactive Services

Our Fort Lauderdale accounting CPA firm specializes in financial planning with solutions tailored to meet your specific financial goals.

We proudly serve our local South Florida community in Broward County and have expanded our territory to reach clients throughout the United States. Our clientele include businesses and individuals in Fort Lauderdale, Sunrise, Plantation and all of South Florida.

Financial Planning

Retirement planning – Our CPA firm has partnered with Fran Tarkenton to provide safe retirement solutions to businesses and individuals

  • Retirement plans for small businesses
  • Profit Sharing and 401(k) plan documents
  • Qualified retirement plans (SEP, SIMPLE 401(k), Profit Sharing, IRA, etc.)
  • Safe Retirement Solutions
  • Legacy Planning
  • Employee benefit plans
  • Estate planning
  • College savings planning
  • Trust planning and charitable gifting
  • Business exit strategies
  • Life Settlements

Safe Retirement Planning

The biggest fear most seniors have is the fear of running out of money in retirement.

That is why Frank is a firm believer of the four bucket system.

The four bucket system:

  1. Liquidity bucket. This bucket is where you would have money kept aside for emergencies, because emergencies will happen and usually at the most inopportune time. Therefore, you never want a short emergency to mess up your long term goals.
  2. Long term bucket. This is where you want to grow your money to keep up with inflation. Inflation which is the silent killer of wealth. Thirty years ago a $20 bill would buy a cart full of groceries, whereas today it will barely buy two items.
  3. Income bucket. This is where you would get your income that will last for the rest of your life, like Social Security, like a Pension or an Annuity. Today less than 20% of the population has a pension, so we have to create our own through something like an annuity.
  4. Legacy bucket. This is what you want to leave for the next generation. For pennies on the dollar you could leave money for your beneficiaries,  income and estate tax free and essentially give yourself a permission slip to spend all your money because your beneficiaries are taken care of.

Elder Care - Financial Care

Finally… Worry Free Financial Management for Your Aging Parent or Family Member.

The financial aspects of caring for an aging parent or family member are often more than most individuals can take on. When day-to-day tasks-bill paying, balancing a checkbook or responding to an emergency need such as home repairs or emergency medical expenses-become more than your loved one can handle, you can rest assured knowing that our elder care experts are here to take care of these things for you and for them.

We become a member of YOUR team, helping you to look out for the best interests of your loved one, and we report to you every step of the way.

Our services span the entire gap of financial needs, everything from day-to-day managing of the check book and general bill paying services to preparing an inventory of personal assets and investments.

Feel free to ask us about our services in…

  • personal bookkeeping; including household bill payment, budgeting and records management.
  • managing income receipts, deposits and disbursements.
  • offering assistance and advice for dealing with unexpected household financial issues and emergencies.
  • coordinating day-to-day financial transactions such as repair services, maintenance and medical expenses.
  • identifying retirement needs and goals, as well as managing retirement account disbursements.
  • help monitoring investment portfolios and working in conjunction with investment advisors to maintain assets.
  • organizing and reviewing personal, financial, and legal documents to help assess what remains to be addressed.
  • analyzing income and expenses to determine long-term financial goals and needs.
  • providing answers to questions about social security, pensions, Medicare, insurance benefits and other concerns regarding elder well-being.
  • tax preparation, filing, gifts, and estate taxes and planning services.
  • referrals and connections to local service agencies and assistance services.

It doesn’t matter if your loved one simply needs a little assistance to remain independent or substantial help managing their finances as they age, we provide services to cover the whole spectrum of elder needs. Contact us today for a FREE consultation.

Estate Planning Done Right

Make Sure Your Family Transitions Prepare Your Children and Your Family for Financial Freedom.

Estate planning is far more complicated and involved than most people realize. If you don’t have a full understanding of your legal and financial rights, it is going to end up costing you… or your family… much more in the long run.

If you think you are too young to worry about estate planning, or perhaps you are waiting until you have more “estate” to bother with, think again. By planning now what happens to your estate in the event of your death, you will be left with the peace of mind that comes with knowing that you have provided to the best of your ability for your children and your family.

We can help. Our estate planning experts will get to know you and help you plan for the future based on your particular needs and situation. We are happy to discuss, recommend, and offer useful research tools which will help you get your estate in order so that those that follow you won’t be unduly burdened with taxes, probate courts, government bureaucracy, end-of-life costs and other problems relating to inheritance.

Questions you might need help answering…

  • How does divorce or multiple marriages affect estate planning?
  • What happens when heirs are too young to inherit?
  • Are there children from multiple marriages or individuals who might challenge or interfere with estate planning?
  • How can an inheritance be protected from creditors of an heir?
  • How can you pass along your estate with the minimum of tax liability involved?
  • Who needs to be on your estate planning team?
  • Do you have all the proper paperwork in order, including wills, power of attorney, healthcare directives, and trusts?
  • How will your estate be taken care of in the event that you are incapacitated?
  • What are the processes for amending your estate plans as your situation changes?
  • How can you leave money to charities or other organizations?

This is one area where a do-it-yourself mentality might not be to your greatest benefit. Let us help guide you through the complexities and challenges of estate planning that are unique to each individual case.