Plan

In a world filled with uncertainty, our goal is to help you establish a sound plan that addresses more than just your finances. Contact us today to find out how we can help you prepare to make the most of your future.

 

Financial Planning

The initial phase of a sound financial plan involves a process of information gathering and goal setting. Together, we will review:

  • Your goals: personal, professional, and family
  • Who you are and your values
  • Causes you care about
  • Your financial resources
  • How hard you want to work / how much you want to play
  • Your health and any specific issues
  • When you want to retire
  • What type of retirement you want to have

We’ll help answer important questions about choices and what happens next through an education process.  Together we will build a plan, implement the plan, and monitor the results.  Working together, we make adjustments as life progresses and its chapters unfold.

Tax Planning

Sound tax planning focuses efforts on what you keep, not what you make. Tax planning can impact a myriad of financial planning decisions:

  • Relative attractiveness of taxable, tax-free, or tax-deferred investments (or a combination)
  • Timing of gifts and property transfers
  • Receipt of social security income, or minimum distribution requirements from retirement accounts
  • Selecting a mortgage
  • The sale of an investment, property, or business
  • Tax structure of a business
  • Choice of benefits

We are not accountants, but tax planning is an important component of a financial plan. Our goal is to facilitate a process of decision-making through education along with a coordinated effort that includes your accountant and related advisors.

College Planning

There are a variety of tax-favored strategies that can be utilized when planning for the rising cost of college education for your family members. We can help you sort through alternatives and determine which option(s) make the most sense given your situation and time frames.

College Funding Alternatives include:

  • 529 Plans
  • Education IRAs (Coverdell Education Savings Accounts)
  • Custodial Accounts (UTMA’s - Uniform Transfers to Minors Act)

 

Neither Royal Alliance Associates, Inc., nor its representatives or employees provide legal or tax advice. If legal or tax advice or other expert assistance is required, the service of a currently practicing professional should be sought. 

Contact Info

60 Railroad Place, Suite 104
Saratoga Springs, NY 12866
Tel: 518-583-0891
Fax: 518-583-1617
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Important Disclosure

Vahanian & Associates Financial Planning Inc. (“Vahanian”) is a registered investment adviser located in Saratoga Springs, New York.

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