Recently many friends ask me what exactly I create for my clients through the unique financial planning process mentioned in the scope of service. Therefore I decided to write and publish some classic example of my own clients which I hope it helps to illustrate. Some key data and information are intentionally modified so that their identity and privacy are well protected. I would appreciate all of your feedbacks and comments, and welcome for discussion. Should you have any friends facing the similar situation, please feel free to share, or make a personal introduction.
Occupation: Business owner
Human needs: Growth, Significant
Objective: Asset protection from future creditors.
Real objective: Provide a stable financial certainty to family. Minimise potential liability in case of business downturn. Safeguard asset against creditors.
Concerns: Liquidity. Business Downturn. Liability and personal guarantee.
Risk: Business debt ($20,000,000) affects family life. No other financial investment or engagement except operating business.
Resources: $8,000,000 equity value ($28,000,000 asset valuation). $1,000,000 family income each year.
Real Resources: $105,000,000 Business turnover. Time. Married status.
Strategies based on human needs:
Implementation of holistic planning:
Gain & Benefits after planning:
p.s. I am your plan B. You can always earn a lot if everything is well. The only question is, if something bad happens, who provides you the money? And thats what I stand for.
#assetallocationplanning #businesscontinuity #universallifeinsurance #riskmanagement