Financial Planning By Design LLC

What is Post Divorce Financial Planning? Our post divorce financial planning service will guide you in designing your financial life on your terms. Our specialized planning will both educate and empower you to be sure that you are on a successful path for your new future. Each plan is personalized for your unique situation but there are key areas that we focus on: Risk Management - Making sure your financial plan does not have any gaps that could derail your financial future and making sure you have the necessary protections in place. Estate Planning - Once divorced, you will likely need to review and update your plan and beneficiary designations. Tax Planning - Helping you to consider your new financial status and how it impacts your taxes now and in the future. Investment Management - Aligning your investments with your values and your vision for your life. Acting as your "Financial Director" to provide a cohesive advice experience with all of your professional partners. Your financial well-being is our top priority, and we are committed to providing personalized solutions tailored to your unique needs.

What happens to pets in the case of divorce or the death of an owner? Through estate plans, owners are able to ensure the needs of their pets are met, even if something happens to them. When considering estate planning for pets, essential factors include: ?? Identifying unique care needs and the desired living arrangement for each pet. ?? Allocating financial resources for their care. ??Selecting responsible individuals for daily care and financial oversight. Failure to plan can leave pets at risk of not receiving proper care or even euthanization. To mitigate such outcomes, establishing a pet trust can provide a structured solution, offering peace of mind that your pets will receive the care and protection they deserve in your absence. Want more information? Reach out to our team — we are here to help.

Monday Motivation...

With new RMD rules taking effect in 2025, it’s important to stay informed and avoid potential penalties. Swipe for more information. And please know that our team is here to help review your situation and ensure you're on track. Reach out anytime.

As incredibly important as estate planning is, it can be easily overlooked. Swipe to take a look at the 4 key pillars of estate planning ???? Remember, it's never too early or too late to make prudent financial arrangements! If you have any questions about estate planning, feel free to reach out.

A friendly reminder that you are the Designer of your Life! https://lnkd.in/ee7sZsXY

Planning for retirement involves more than just saving; it requires a thoughtful approach to keep your investments growing. I'm here to help you find that balance between risk and reward, ensuring your money works as hard as you do. Let's set up a time to discuss how we can create a retirement strategy that aligns with your goals and keeps your future secure. Contact us today to start planning for tomorrow!

As an employer, understanding the classification of highly compensated employees (HCEs) is key to maintaining compliance and ensuring your retirement plans align with IRS nondiscrimination rules. Swipe through to learn more. Have questions? Contact us today to ensure your plans are compliant and support your company’s goals.

?? Important Announcement for Parents of College-Age Students ?? Did you know that when children hit 18, parents lose access to their medical, financial, and academic records? It's a major change that catches many off guard. But with the right legal documents, you can ensure continued support and access for your child in an emergency. Today, we are sharing four such documents that parents may want to explore after their children turn 18. Should you have questions or need assistance with these documents, know that we are here for you. Reach out anytime.

Celebrating President's Day!