Everyone — regardless of their economic standing — needs a formal financial plan, which covers more than a simple budget. Insurance, retirement savings, investments, living wills and estate plans are all things that impact finances now and for years to come. We help clients develop a flexible plan tailored for their individual financial resources and with specific financial goals in mind.

Do you need a PFP? You may be able to tell by answering the questions below.

Questions	Yes	No	Don't Know
1. Do you have an estate plan?
If so, has your plan been updated to respond to changes in tax law?
2. Do you have a current will?
3. Have you prepared a budget that you can live with?
4. Is your financial data organized and current?
5. Do you have a current personal financial statement?
If so, does it accurately reflect your true net worth?
6. Do you normally take the time to estimate your potential tax liability before the end of each tax year, or before a significant transaction?
7. Are you sure your insurance needs are met in the following areas: life, disability, long-term care, basic health care?
8. Are you participating in a retirement savings program to the fullest advantage?
9. Are you satisfied with the level of your retirement savings?
10. Do you monitor the composition and performance of your investments?
11. Do you have a need, or a desire, to fund college educations for children or grandchildren?
If so, have you determined how to accomplish this goal?
12. Have you determined who will take care of you if you are unable to do so?
If so, do you have a living will, a general power of attorney and a health-care power of attorney?

Answering any of the questions above as "no", or if you are not sure, then you have probably identified a potential financial planning need.

How did you do? If you identified areas you need to address, give us a call. We can help.

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