Financial Services

Have you had your financial checkup yet?

In today’s fast paced world, planning for your financial future is essential. We draw on all resources in designing and implementing strategies to help you reach your goals. Whether for you or your business, our independent advantage, professionalism and expertise can bring greater security to your financial picture. We strive to provide a comfortable atmosphere of honesty, integrity, and genuine concern for our clients’ interests.

1. Income Tax Strategies:
   
   Are you using available strategies and options to reduce your federal and state income taxes?
   
   

2. Estate Preservation Strategies:
   
   Do you have an up-to-date living trust, will, power of attorney, living will, and health care power of attorney, to help make sure that when you pass away or become incapacitated your wishes are carried out the way that you want and when you want?
   
   

3. Insurance Coverage Review and Analysis:
   
   Do you know what types of life insurance you have to make sure that your needs are met, and that the coverage is leveraged to benefit you? Has your coverage been reviewed recently?
   
   

4. Investment Analysis
   
   Have you had your investment portfolio analyzed to review that your risk tolerance, investment diversification and income tax plan is designed to help you reach your investment goals?
   
   

5. Beneficiary Designation Strategies
   
   Have you had a qualified advisor take a close look at the beneficiary designations on your life insurance, 401(k)s, IRAs, annuities, and other retirement plans to help make sure that, upon your death, your assets will be protected and distributed according to your wishes?
   
   

6. Debt Management
   
   Are your debts structured in a cost efficient, tax advantaged way to help meet your personal and business goals? Do you have a debt elimination plan?
   
   

7. Business Strategies
   
   Do you know the value of your business for estate tax planning purposes? Do you have a business succession plan, or if the business is to be sold, is it ready to bring the optimum sales price for your family?
   
   

8. Asset Protection
   
   Do you know if you have sufficient liability insurance to protect your assets form lawsuits and creditor claims? Do you have your assets and business interests properly protected with the appropriate entity?
   
   

9. Disability Protection Analysis
   
   If you become mentally or physically disabled and unable to work, will your income be sufficient to support you and your family for the rest of your life? Have you had a “disability income” analysis prepared?
   
   

10. Retirement Needs Strategies
    
    Have you had a professional analysis done to determine if your personal retirement plan will assure you the lifestyle you need and want when you retire?
    
    

11. Long Term Care and Nursing Home Strategies
    
    If you become mentally or physically disabled, and need long term care at your home, in an assisted living facility, or in a nursing home, are you prepared to pay the cost of such care? In Utah, this can range from $3,000 to $10,000 a month. (According to the MetLife Market Survey of Nursing Home & Home Care Cost (Sept. 2005) and the Met Life Market Survey of Assisted Living Costs (Oct. 2005))
    

12. Medicare Supplement Plans
    
    Are you aware of the Medicare Supplement plans available to you and your spouse, and which plans would benefit your family the most?

Call 801-268-2245 and schedule your financial checkup today. Or you can email us your questions here

Butler Tax and Accounting
5959 S Redwood Road, Salt Lake City, UT 84123
Phone: 801-268-2245 Fax: 801-268-2291 E-mail Us