Services

Comprehensive Planning

A comprehensive financial plan should be based on your goals. Foster Victor Wealth Advisors offers fee-based planning services whereby we have a fiduciary responsibility to place your interests before our own. We will work with you to create a custom financial roadmap by assessing your current financial situation and identifying gaps.

Take a look at our planning paradigm:

  1. Discovery: Identify and think about the problem
    The first phase begins by thinking clearly about the problem. This is called the Discovery phase and is where clarity is achieved around your goals and planning gaps are identified.
  2. Creative Solutions: Think about the solution
    The second phase is the Creative Solutions phase where you think clearly about the solutions and make decisions regarding closing the planning gaps.
  3. Strategy Deployment: Implement the solution
    The third phase is the Strategy Deployment phase where you implement the solution and help achieve your desired results.
  4. Results Management: Manage the results
    The final phase is the Results Management phase where we establish a plan to manage and implement the results. This assures you have confidence your plan will work over time.

Business Services

We want to understand your business inside-and-out so that we can recommend strategies and products to grow and protect it. We will work with you to create a plan that includes:

  • Business Succession Planning
  • Executive Benefits
  • Key Person Planning
  • Qualified & Non-Qualified Benefit Planning
  • Client Referral Services

Estate Planning

You have worked hard to accumulate wealth, and Foster Victor Wealth Advisors is skilled at assisting you in protecting your estate and leaving a legacy that reflects core values and beliefs. We will work with you to develop a comprehensive plan to meet your goals and ensure your family’s financial security.

Through comprehensive estate planning we work to ensure your assets are protected and distributed according to your wishes. Our team will also help you navigate the complex estate tax landscape.

Foster Victor Wealth Advisors offer:

  • Trust Services
  • Coordination of Tax Attorneys
  • Asset Distribution Services

We offer the following trust services:

Revocable Living Trusts
A revocable trust allows for the professional management of your assets during your lifetime and following your death. This type of trust often permits your assets to be managed without the need for a court-ordered guardianship if you become incapacitated, and allows your assets to pass to beneficiaries outside of the potentially costly and time-consuming probate process after your death.

Irrevocable Trusts
An irrevocable trust allows for the professional management of your assets and allows you to make gifts to the trust – free of gift tax up to certain limits – so that assets can grow and pass to your beneficiaries without being diminished by estate taxes.

Charitable Remainder and Lead Trusts
Irrevocable trusts that are designed to provide income to beneficiaries and to charitable organizations, often at a lower tax cost than gifts made outside of these trusts.

Generation-Skipping Trusts
These are irrevocable trusts that endure for multiple generations, so that assets can be managed for, and distributed to, grandchildren and generations beyond. This strategy frequently avoids estate and gift taxes that would apply if assets were transferred outright to each generation.

Marital and Credit Shelter Trusts
Trusts that take advantage of state and federal estate tax exemptions so that property can pass to a surviving spouse and other beneficiaries while minimizing the impact of estate taxes.

Education Planning

Financing a loved one’s education is challenging. Foster Victor Wealth Advisors will develop a personalized plan to achieve goals to fund higher education.