Personal Planning | Innovative Partners

Empower a secure future for you and your loved ones.

What does your life look like 25 years from now? Are you sending your kids off to college, getting ready to retire, or passing on your legacy to the next generation? As years come, your familyâ€™s wealth grows, but so do your wants and needs.

Innovative Partners, a team at Creative Financial Group, works with you to provide a better understanding of your current financial standing and prepares you for the future. We work with you to paint a picture of what your journey will look like to reach your future goals.

Personal Financial Planning Services

Innovative Partners, a team at Creative Financial Group, offers an array of personal financial planning services and works with our clients to build their unique financial journey. Our services include:

Financial Position

Cash reserve levels
Cash reserve strategies
Debt management
Cash flow management
Net worth
Discretionary income
Expected large inflow/outflow
Lines of credit

Taxes*

Tax reduction
Tax deferral
Tax avoidance
Future taxes due
Withholding
Tax diversification
Qualified investments
Non-qualified investments
Effects of liquidation
Filing status
Business ownership
Non-traditional ownership

Risk Management

Disability options
Long-term care - timing/prem/coverage
Umbrella liability
Medical/Health
Property and casualty*
Deductibles vs. cash reserves
Policy status
Policy loans
Beneficiary designations
Special needs situations
Alternate/additional coverage strategies

Investments

Asset allocation
Education planning
Lump-sum accumulation
Options/restricted stock/non-qualifies deferred compensation
Ongoing investment fees
Risk tolerance
Tax implications
Cost basis
Time frames
Diversification strategies
Dollar-cost averaging
Market timing issues

Retirement

Minimum distributions
Pre-59 1/2 strategies
401 (k)s
IRAs
Medicare/Medigap
Social security
Roth conversions
Income streams
Income streams - transitions
Health care
Tax transitions
Risk tolerance transition
Timing issues

Estate Planning*

Estate balancing
Capital transfer
Asset ownership
Trusts
Wills
Trust Funding
Estate Planning
Succession Planning
Special needs dependents
Minor children
Generation-skipping
Short-term life expectancies
Estate liquidity

*Any discussion of taxes is for general informational purposes only, does not purport to complete or cover every situation, and should not be constructed as legal, tax or accounting advice. Clients should confer with their qualified legal, tax and accounting advisors as appropriate.