Broker Check

Wealth Care Check Up

Ask yourself these questions:

  1. Income Tax Planning — Do you use all the available techniques to reduce your federal and state income taxes?
  2. Investment Planning — Have you determined that your investment portfolios are optimally designed to help you reach your goals?
  3. Retirement Planning — Have you had a professional analysis done to determine if your personal retirement programs will offer you the potential to live the lifestyle you dream of when you retire?
  4. Income Planning — Do you feel certain that if you are disabled, that your income will continue and all of your personal and business expenses will be paid?
  5. Asset Protection — Do you feel you have an appropriate amount of life and disability insurance to protect you and your assets from the unique risks of the 21st century?
  6. Estate Planning — Do you have a current and properly drafted will, living will, and trust that dispose of your estate in the most tax efficient manner and continues your legacy according to your core values and your wishes?
  7. Business Planning — When was the last time you appraised the value of your business and analyzed your business succession strategy?
  8. Education Planning — Have you determined how you will best financially contribute to the education of your children and grandchildren?
  9. Debt Management — Do you optimize the use of debt in the most cost efficient and tax advantaged way to meet your personal or business goals?
  10. Special Needs — Does anyone in your family have special medical or financial needs (Alzheimer's, disabilities, alcoholism, drug addiction, MS, etc.) and have you evaluated all the solutions available to them and to you?

If you answered “no” or “not sure” to any of the above, you need to contact Cannon Wealth Management Services at 336-231-6844 or cedwards@cwmllp.com