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:
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.
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.
Strategy Deployment: Implement the solution
The third phase is the Strategy Deployment phase where you implement the solution and help achieve your desired results.
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.
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
Key Person Planning
Qualified & Non-Qualified Benefit Planning
Client Referral Services
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:
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.
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.
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.
Financing a loved one’s education is challenging. Foster Victor Wealth Advisors will develop a personalized plan to achieve goals to fund higher education.
Ready to Learn More?
You deserve concierge quality advisory and planning services customized for your individual needs and goals. Contact us today to get started.
• Budget Review
• Charitable Giving Strategies
• Generational Wealth Transfer Strategies
• Creating Income Streams
• Investment Portfolio Review
• Real Estate Acquisition and Divestiture
• Distribution Planning Review
• Family Meeting with Parents, Children or other Relatives
• Home, Auto & Umbrella Insurance Review
• Life, Disability & LTC Insurance Review
• Mortgage & Equity Line Review
• RMD Planning
• Roundtable Meeting with Team of Advisors
• Social Security Analysis
• Tax Planning/Investment Funding/Contributions
• Financial Planning
• Student Loan Analysis
• Short Term & Long Term Goal Planning
• Retirement Accounting Funding Strategies
• Business Merger & Acquisition Consulting
• Mortgage Payoff Schedules
• Introductions to other professional service providers (Bankers, CPAs, Attorneys)