Asset Allocation
When it comes to investing,
studies have shown that more than 90% of the return comes from
choosing the right asset class, not from choosing the correct
stock or bond.
Where many talk of asset allocation
in terms of stocks, bonds and cash, we use 8 allocation categories.
We do so to find vehicles whose movements do not correlate.
This approach is intended to provide added downside protection
while permitting growth of the portfolio.
Estate Planning
- What kind
of will do you need?
- What are the advantages of various
trusts?
- Do
you need to set up trusts?
Working with you before you visit
an attorney can save you money and ensure that you have the
right questions to ask the attorney regarding your estate.
We also suggest (and may assist in drawing)
living wills for our clients. We believe that a living will
and a medical power of attorney are necessary documents.
Our rationale is simple:
- It is bad enough that the state will direct
what happens to your money if you die without a will (intestate);
- It
is intolerable for the state to control what happens to
your body if you are in a coma, still alive, and unable to
make your desires known.
Retirement Planning
Longevity is increasing. Social Security is running
out of money. It is estimated that "baby boomers" are
setting aside little more than 1/3 of what they
will need to retire comfortably. HFH Planning
assists clients in discovering where they are financially
and what they need to do to enjoy retirement.
Risk Management
- Do you have
insurance?
- What insurance do you need?
- Are you over or under insured?
- What area should you consider self-insuring?
These are the questions HFH Planning will work with you to
answer. And the HFH difference is that if we recommend you
buy insurance, we will work with you to find the best place
to purchase it. We will not receive any commissions
or referral fees.
Tax Planning vs. Tax Preparation
Most individuals see their tax preparer
once a year, between February 1 and April 15. Tax preparation
time. What they get is tax preparation – what they
need is tax planning. HFH Planning provides pro-active
tax planning advice. Our suggestions will help save you
money that you had been sending to the IRS.
Most people employ the same tax-preparer every year. Some
tax preparers have started doing returns by rote. HFH Planning
examines your individual return to ensure that deductions available
to you will be used in the future.
Cash Flow Analysis
Understanding spending patterns is an essential step in controlling cash flow.
Our emphasis is on raising client awareness, not simply establishing a budget.
College Cost Planning
The cost of sending children to college is growing. HFH Planning
assists in establishing a spending plan, advising which
college-savings and insurance policies are available, and
which colleges are affordable. We also
provide direction on financial aid resources.
Health Care Planning
- Which medical
plan should you choose?
- Is there a need for long term care
policies?
We assist our clients in answering these and other related
questions.
Tax Preparation
Tax return preparation and filing is available for those clients with uncomplicated
returns. |
