1st Year Processes

1 ^st Year Processes

Completion of the items on this list can be done in as little as 60 days, or over the course of a year or two.  We schedule this in advance to proceed at YOUR desired pace.  Our goal in the first year is to have you gain clarity, and implement a focused financial strategy to achieve your goals at your desired time.

The Strategic Inheritance Plan™ - Russ Kyncl, CLU, ChFC, and Specialist Attorneys and CPA's as needed. 

"Begin with the end in mind."  Stephen Covey

1. Wills and Trusts
2. IRA/401-k Inheritance Plan | Coordination with wills and trusts
3. Coordination of Life Insurance | Ownership & Beneficiary designations with Wills and Trusts
4. Philanthropic Planning
5. Preparation of Heirs | Assess need and create plan to educate, prepare, and/or protect

Property, Casualty, Liability Insurance Review - Outside Specialist

1. Automobile
   1. Uninsured Motorist
   2. Medical
   3. Liability
2. Home
   1. Replacement Value?
   2. Liability
   3. Deductibles
   4. Flood
3. Liability Umbrella
   1. Most people don't have it.

Parachute Planning - Russ Kyncl, CLU, ChFC and Team Specialists

"If you need a parachute, you can't go out and buy one."

This is the planning that involves insurance products you have to be healthy to buy.

1. Long Term Disability and Disability Income Insurance 
2. Life Insurance 
3. Long Term Care Insurance - Team Specialist

Investment Planning - Russ Kyncl, CLU, ChFC and Team Specialists

1. Financial Roadmap™
2. Investment Performance Review
3. Risk (Fear) Assessment
4. Simplification and Control

Debt Reduction and Cash Accumulation - Russ Kyncl, CLU, ChFC

1. The 90 Day Checkup™
2. Consolidation and restructuring of debt-Outside Specialist
3. Debt Reduction/Elimination Plan

Long Term Financial Goals - Russ Kyncl, CLU, ChFC

1. "Retirement", Financial Independence
2. College Savings
3. Other major lifetime goals that require money

Other Goals/Agenda: Business Succession, Exit Planning, etc. - Russ Kyncl, CLU, ChFC

	Priority	Who's Needed	Target Date	Completed
Strategic Inheritance Plan
Prop/Casualty/Liability
Parachute Planning
Investment Planning
Debt Reduction & Cash Accumulation
"Retirement and Financial Independence
Other Goals

** Fixed insurance services offered through Russ Kyncl, Strategic Exit