An executive approaches Spinelli Financial Advisors looking to create an investment and tax strategy
They have a high income and high net worth, but have never been concerned about the details of compensation or developed a comprehensive plan for their wealth and estate. They own multiple properties and have benefits such as stock options, restricted stock options, and deferred compensation plans. They have built a successful career thus far and are now focusing on building a successful financial future for generations.
The Spinelli Plan
First, we would work with them to learn their financial goals and quantify them into a comprehensive and time-specific plan. We would work to coordinate their salary, savings, and executive benefits into a tax-efficient strategy that meets the education funding needs for children, financing needs for new properties or moves, and target spending by amount and time horizon. We would also develop a full trust and estate plan laying out asset distribution objectives while minimizing estate taxes.