CASH FLOW AND BALANCE SHEET PLANNING
COMPREHENSIVE, THOUGHTFUL, AND CUSTOMIZED FINANCIAL PLANNING IS CRITICAL TO CREATING A PLAN THAT WILL GUIDE CASH FLOW AS SEAMLESSLY AS POSSIBLE
Family, travel, education, and taxes. For clients who are approaching retirement, future expenses are often hard to predict. That’s why comprehensive, thoughtful, and customized financial planning is critical to creating a roadmap that will guide cash flow as seamlessly as possible.
The Baby Boomer generation – loosely defined as people born between 1946 and 1964 – is either rapidly approaching this life stage, or well settled already. More than half of Clearstead Trust’s clients fall in this category, giving us a wealth of experience in guiding people toward a thoughtful plan for optimal financial independence.
ARE YOU SOMETIMES SURPRISED BY THE NUMBER OF TRANSACTIONS AND AMOUNT OF FREE CASH FLOW NEEDED TO MEET FAMILY EXPENSES?
BEYOND AN INVESTMENT STRATEGY, A SOLID RETIREMENT PLAN TAKES A HOLISTIC VIEW OF A CLIENT’S SITUATION, INCLUDING ASSETS, SHORT-TERM AND LONG-TERM GOALS, AND THE MANY VARIABLES THAT MAKE EACH PERSON’S NEEDS UNIQUE.
DEPENDING ON YOUR NEEDS AND STAGE IN LIFE, CLEARSTEAD TRUST OFFERS A RANGE OF PLANNING SERVICES. BELOW WE LIST OUR COMPARTMENTALIZED FINANCIAL PLANNING APPROACH. CLIENTS WHO PLAN TO SELL A BUSINESS OR ON THE VERGE OF RETIREMENT MAY OPT FOR OUR COMPREHENSIVE, CLEARSIGHT ANALYSIS.
COMPARTMENTALIZED FINANCIAL PLANNING
Clients often come to us with a specific problem related to planning. What they really need is to focus on one or two issues listed below rather than engage in a comprehensive financial planning exercise (ClearSight).
CASH FLOW AND BUDGETING
TRUST MANAGEMENT AND ADMINISTRATION
Philanthropic planning & charitable trust design
Investment Policy Statement
Asset Allocation & Private Investments
Tax Projections & Saving Strategies
Estate Documents Review
If some of these topics resonate with you, the Clearstead Trust team can address any of these aforementioned planning areas – on your own schedule.
COMPREHENSIVE PLANNING OPTION – THE CLEARSIGHT ANALYSIS
Clients who desire a comprehensive review of their finances including investment, tax, insurance, and balance sheet, we offer the ClearSight Analysis. This is a thoughtful, deep analysis that begins with the development of a baseline case that offers a complete picture of your income, expenses, investments, real estate holdings, and other significant assets. We factor in investment return assumptions that meet your desired risk and temperament for investing. We consider recent capital influxes from selling a business or from a family inheritance. Is downsizing a home a cost-effective strategy? Perhaps you are considering acquiring or selling a second or third property? We look at life events such as a child’s wedding and how that might factor into future cash flow needs.
Our analysis helps us to better understand your position: are funds depleting at a rate that causes concern? Or does the opposite situation exist — funds that continue to accumulate and create additional estate planning and gifting opportunities?
Click on the Multigeneration Wealth Planning tab to learn more about our ClearSight Analysis.
LEARN ABOUT HOW OUR PROPRIETARY PROCESS WILL HELP TO GUIDE YOUR CASH FLOW ON THE RIGHT PATH
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CLEARSTEAD TRUST IS STRUCTURED TO PUT CLIENTS’ INTERESTS FIRST THROUGH OUR FEE-ONLY ADVISORY MODEL. WE ARE INDEPENDENT AND BELIEVE THIS IS CENTRAL TO PROVIDING OBJECTIVE ADVICE TO CLIENTS.
Clearstead Trust is a Maine chartered Trust Company and private client advisory firm that aims to build and protect clients’ wealth over time.
1 Union Street | Suite 302
Portland, ME 04101
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