LVM’s financial planning approach begins with a conversation to learn the client’s goals, objectives, and unique life circumstances. Financial, tax, and non financial data is gathered to aid in the creation of a personal statement of net worth and statement of cash flows.

 

The LVM Financial Planner assists in analyzing areas where a client’s situation could be improved and makes recommendations regarding:

 

• Retirement savings and/or retirement distributions

• Savings for education

• Income tax and estate tax savings

• Strategies for charitable goals

• Tax efficient investment portfolio structure and ownership

• Health and life insurance needs analysis and cost savings

 

LVM then assists clients with implementing planning recommendations and monitoring progress toward their goals. As lifestyle and financial circumstances change, the client’s financial plan is adjusted accordingly.