Let us know what flowcharts and checklists you want to see us develop next.
Financial Planning Checklist
I just brought on a new advisor and I'm transitioning "ownership" of the client relationship to him. I'm trying to come up with a way to "verify" that he covers all ...
Non-Standard Guides Under Consideration
Decision Tree of Whether to Roth Convert
One aspect I overlooked recently was the impact on Medicare cost in the year of a Roth Conversion. It needs to be considered in the equation of this exercise!
Comparison of Small Business Retirement Plans
We would love a chart that compares the requirements and benefits of different retirement plans. Please see below: ...
Done
Questions to ask when creating an estate plan
It is all too often that clients go in to these meetings "blind" and don't ask the right questions. Ideally, the advisor would be involved in the conversation, but ...
Done
Exercising ISO or NSO stock options - the tax dilemma.
Startup founders often have been issued ISOs and NSOs over time. They are treated differently from a tax perspective. Which is optimal to exercise first?
Done
Pension Decisions and Lump Sum vs. Annuity?
Guiding clients through the decision when they have pension options. Could include framing with desired total income and other sources such as social security; ...
Done
RMD Distribution Rule for IRA - Traditional / Roths / Roll-Overs / Inherited
Focus only on the RMD Distributions for IRA - Traditional / Roths / Roll-Overs / Inherited for Spouse, Trust, Trust by Qualified Disclaimer, Charity, Estate, ...
Done
Funding and Savings Order (by type of account)
for example, first contribute your match to 401k, then fund HSA, then fund rest of 401k, then IRA for Roth Conversion, then low cost annuity, then....
Done
Process-based & operations-based resources
Non-Standard Guides Under Consideration
Executive compensation
checklists and flowcharts on executive compensation and their taxation: NQSOs, ISOs, ESPPs, etc
Done
What Issues to consider before/after my child turns 18, after graduation, etc.?
Issues like them having DPOA, health care directives and documents to allow doctors to talk to them. Insurance, taxes etc.
Done
Issues To Consider In Charitable Giving Options or general gifting
Under consideration
College planning related topics
This could include 529 plan contribution rules, 529 plan distribution rules, tax credit, and student loan rules.
Done
DOL rollover checklist
Maintain written documentation of the specific reasons that any recommendation to rollover assets from an ERISA plan to an IRA, from one IRA to another IRA, or from ...
Under consideration
Employer Transition Checklist
A checklist to work through with clients when they change employers or careers. Topics like health care, retirement, insurances, etc. Perhaps a supplemental ...
Done
Trustee Checklist
A checklist of annual or quarterly events a trustee needs to complete to not breach fiduciary duty. Example: file tax returns, match distributions with beneficiaries ...
Under consideration
Max funding of a Life Insurance contract for tax advantaged retirement income
Show the advantages of using a maximum premium funding scenario to provide tax favored income at retirement.
Under consideration
AGI and MAGI calculations - deductions and credits
When reviewing tax charts to determine IRA deduction/qualifications, they state AGI and MAGI, further clarification/conclusion is needed.
Done
Legacy Planning Checklist
This would be a checklist that a person can have available for their heirs in the event of death. Location of will/trust, digital PW, attorney name, financial ...
Under consideration
You offer checklists & flowcharts – consider creating “worksheets”
You offer checklists & flowcharts – consider creating “worksheets”
Ex) Budgeting worksheet, fixed annuity review worksheet, variable annuity review worksheet etc.
Non-Standard Guides Under Consideration
83(b) Election?
Flow chart or checklist to help clients decide whether to use the 83(b) election.
Under consideration
Investment-related issues
Under consideration
Issues To Consider With My HSA
Under consideration
Issues To Consider For International Planning
Under consideration
Tax Preperation Checklist
A checklist of tax-related items that may have happened over the year that the individual needs to make sure is reported to their accountant. As an example, the QCD ...
Done
Starting a Small Business Checklist
Tax, Legal and Cash Flow considerations for starting a new small business
Done
Paying off Credit Card Debt, Debt Counseling, Credit Monitoring/Status
I'm asked often about debt counseling programs by people who are swamped with credit card debt. It's not something I know anything about and I'm not inclined to ...
Under consideration
Holding real estate property in a trust or form an LLC?
How to advise clients that have real estate holdings on the best strategy for their situation.
Under consideration
Revocable Living Trust Checklist
When a client establishes an RLT, what are the next steps in terms of titling other property and changing beneficiaries? I'd like to see a flowchart and checklist ...
Under consideration
Special Needs
charts that address ABLE accounts, special needs trusts, estate planning for special needs dependents, and similar areas would be useful.
Done
College planning funding options
how about a flow chart that shows the different options such as Coverdell, Education and 529 plan and also what can you use a 529 Plan for ( books, computers, etc )
Under consideration
Is Student Loan forgiveness or Private refinance the better option
The world of student loans and student loan forgiveness is complicated. What if there was a roadmap/flowchart to make sure the client had all the considerations to ...
Done
Issues To Consider If You Are A Government Worker
Under consideration
Elder Care Checklist
Under consideration