Our Philosophy:
Serve first, building long-term relationships with strict confidentiality.
In order to facilitate and serve the unique needs of each of our clients, we have in place an experienced team of professionals and have dedicated resources to the most advanced technology and up-to-the-minute information available in the industry.
Our professionals include JDs*, LLMs, CFPs, ChFCs, CLUs, CPAs* and other associates whose expertise encompass the financial and tax reduction strategies that support wealth accumulation and preservation. Our holistic professional team works to provide clients with comprehensive business succession, estate planning, financial and retirement planning solutions. As a group, our mission is to provide you with the best estate and business owner planning solutions and servicing possible.
Sagemark Consulting is a premier financial planning organization located in offices throughout the United States. Sagemark Consulting provides comprehensive support to our clients, as well as the most advanced technology and the best people.
Just as important, Sagemark Consulting planners have unlimited access to some of the best minds in their field – investment specialists, plan designers and dedicated support personnel. Their expertise helps us successfully handle thousands of complex financial situations each year.
Client As “Head Coach”
Introduction
Lincoln Financial Group is one of the largest, diversified financial services companies in the country with assets under management in excess of $200 billion.
Our whole approach revolves around planning according to your needs.
-“Serve first” in long-term relationship with strict confidentiality; the best interests of our clients drive all recommendations.
-Coordinate with your current advisors to create a team of experts working on your behalf
-Educate you as to your alternatives so you may make your own decisions
-Serve as a resource center to provide up-to-date information for your particular situation
-Act as a catalyst to get issues resolved and action taken
- The work we do, however, does not replace the need for your CPA or attorney.
Your Objectives
The Planning Approach
Disciplined Coordination & Implementation
- Serve first, long-term relationship, strict confidentiality
- Educate you as to your alternatives so you may make your own decisions
- Coordinate with your current advisors to create a team of experts
- Develop a resource center to provide you with up-to-date information
- Recognize gaps between your planning and implementation Integrating the Planning Process
STEP 1: Review of the current financial situation outlined in financial models produced from the estate planning data sheet information. The model reviews current net worth and estate growth, all cash flow sources and needs, as well as income and estate tax liabilities. The model will indicate if, when, or where financial problems may appear between today and through life expectancy. STEP 1: Review of the current financial situation outlined in financial models produced from the estate planning data sheet information. The model reviews current net worth and estate growth, all cash flow sources and needs, as well as income and estate tax liabilities. The model will indicate if, when, or where financial problems may appear between today and through life expectancy.
STEP 2: Review of the current wills, trusts, insurance, business agreements, etc. relative to the structure necessary to take advantage of the credits and allowances afforded by current tax law for transferring assets. Additional review of current trustee, successor trustees and distribution provisions.
STEP 3: Development of personal and financial objectives, both during lifetime and at death. Discussion of lifetime planning issues such as lifestyle income and needs, and maintaining control over assets. Discussion of estate distribution alternatives for the tax efficient transfer of assets to heirs, while protecting the assets from creditors, judgments and potential divorce. Discussion of business transfer goals and coordination with the estate plan.
STEP 4: Identification of potential conflicts existing in the current planning as compared with personal and financial objectives. Reconciling the differences between existing planning and objectives by developing specific strategies for consideration. Discussion of the pros and cons of differing strategies and the creation of an economic model to determine their impact on the clients and their heirs. We will assist the client in developing their plan, rather than attempt to fit them into a pre-packaged “off the shelf” plan.
STEP 5: Plan implementation. We will coordinate the work of other necessary advisors, such as attorneys, CPAs or financial advisors, in order for the client to realize a working plan. Where appropriate, we can make recommendations and referrals for use of ‘specialists’ to help implement the plan and supplement the clients’ current advisors. Where applicable, we will oversee analysis of differing financial products, to help ensure their design is consistent with the clients’ individual planning needs.
STEP 6: Ongoing review process. As with any comprehensive planning, flexibility must be maintained for changes in clients’ financial situation, family situation or objectives, and changes in the economy or tax law. Annual reviews of these and other related issues will help keep the plan up to date.