Advanced Planning

Advanced Planning

In the course of your financial life, you are confronted with many difficult decisions. There are many paths to take.  

At Lewis Wealth Management, we are there to partner with you at every step of the journey. We can help you answer the important questions, such as: 

  • Is our portfolio properly designed given our financial objectives and tolerance for risk? 
  • Do we have a plan to achieve financial independence? How do we know when this is achieved? 
  • Is our level of spending consistent with our long-term financial objectives? 
  • How much should we save for our children’s education? 
  • Are we properly insured? 
  • Is our estate plan in order? 
  • Can our tax situation be improved? 

Having a well prepared financial plan is absolutely essential if you are to reach your financial goals and objectives. The planning process begins with an exploration of your life and how your wealth can help you achieve your goals and most cherished aspirations. These goals and aspirations may include retirement, sending the kids to college, starting a business, or planning your legacy – or whatever else is important to you. 

Next, we gather all of the information necessary to prepare a plan. That information is evaluated and analyzed to see how your existing resources fit into an overall plan.

Then, a plan is developed and presented to you for your consideration. That  plan helps clients address some of their biggest concerns, such as: 

  1. Preserving wealth,
  2. Mitigating taxes,
  3. Taking care of heirs,
  4. Ensuring assets are not unjustly taken, and 
  5. Giving to charitable causes.

The final step is to implement and monitor your plan so you can see how you are progressing towards your goals. This is a dynamic process that will continually reflect changes in your financial situation.

As part of the advanced planning process, we also include consultation concerning other important aspects of wealth management, such as the following:

Relationship Management

To better serve our clients, we have assembled a network of specialized experts to help solve your unique needs. We also work effectively with your existing advisors, such as your accountant, attorney, and insurance professional in dealing with important issues that reside outside of the investment arena. 

Tax Planning

The tax ramifications of all financial decisions should be considered. We can help lower your tax burden by making your portfolio more tax efficient. We can also look for other opportunities to reduce your existing and future tax liability by considering strategies like Roth conversions and estate planning techniques like revocable living trusts, irrevocable life insurance trusts,  qualified trusts, and charitable transfers. We also work closely with your  accountant to make sure tax preparation goes smoothly, 

Estate Planning

Everyone should have an up-to-date estate plan, especially given the legal and regulatory uncertainty that we are faced with today. Let us work with your attorney to make sure your plan is properly executed and the beneficiary designations are correct. 


There are certain risks that can derail even the best financial plans. We give each client an insurance needs analysis and determine if you are properly insured. If you need additional insurance, we sit on your side of the table and help you evaluate the alternatives with your insurance professional. 

Have a Question About Advanced Planning?

We would love to hear from you. Get in touch with us today to find your path forward.