Any opinions or forecasts contained herein reflect the subjective judgements of the author only and do not necessarily reflect the views of LPL Financial. This information should only be relied upon when coordinated with individual professional advice.
ASK THE EXPERT
GULFSIDE WEALTH Jared R. Motzenbecker | CFP®, CMT, CPWA® Senior Wealth Advisor
WHAT ‘NEW FRONTIERS’ DO YOU SEE WITHIN YOUR INDUSTRY THAT SRQ READERS SHOULD KNOW ABOUT? There is potential for significant change in tax and estate planning laws in the near future. Combined with shi!ing fiscal and monetary policy around the world, this decade could look very different from the previous one. These potential changes, and the accompanying uncertainty, make proper planning a necessity. Every day our conversations with current and potential clients are about what those changes could mean for them and how to prepare. Most people we talk with are concerned that their current plans and investments may not be the best solution for the future. We are guiding families to update those plans and portfolios when necessary to be#er align with their desired outcomes.
SHARE YOUR INSIGHT ON IMPROVING FINANCIAL AND RETIREMENT PLANNING THIS YEAR? WHAT SHOULD WE BE CONSIDERING FOR THE FUTURE? Do not wait. Procrastination is not a strategy and can be detrimental to your wealth. Delaying estate, business succession, or retirement planning may present obstacles due to changes in tax policy, regulation, or diminished capacity. Failing to update beneficiary designations can potentially override bequests made in your estate plan. Outdated desig-
nations may result in ex-spouses or estranged family members inadvertently receiving an inheritance. Not discussing details of your estate plan with family or executors may lead to incorrect assumptions and conflicts among heirs. This can be avoided by discussing your plans and wishes in advance. You usually don’t get a “do-over”. Start early.
WHAT SETS GULFSIDE WEALTH APART FROM OTHER FINANCIAL SERVICES COMPANIES? Our culture. As a boutique firm, we spend a lot of time listening to our clients to ensure we truly understand them and their intentions. We use a team approach, partnering with tax and legal experts, to offer an extremely high level of service to our clients, many of whom are like family. Also, our relationship with Gulfside Bank, the only community bank based in Sarasota County, makes available a wide range of services including financial planning and banking with a truly personal touch.
Is your financial and estate plan up to date? Contact us today so we can help you prepare for the future. 727.417.0308
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JARED.MOTZENBECKER@LPL.COM
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G U L F S I D E W E A LT H . C O M
333 N. Orange Avenue, Sarasota, Florida 34236
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