Fiscal Fitness Assessment

I am confident that we have the appropriate level of risk in our portfolio and that we’re getting sufficient return for that level of risk.

We have a process in place to review non-portfolio risks that could impair our wealth.

We have reviewed our life, disability, critical illness and long-term care insurance policies in the past year to ensure they cover our significant risks and still needed.

We have reviewed our property, casualty and liability insurance in the past year to ensure we have the appropriate coverage.

I completely understand my overall investment strategy and can explain it in a few simple sentences.

I know what rate of return we need from our investments to meet our family’s key objectives.

I am confident that our asset allocation meets risk and return expectations.

We have a written Investment Policy Statement for our overall investment portfolio that clearly lays out the objectives, limitations, review process and accountability.

Our investments have been objectively reviewed recently and I am confident we have the right ones in place and in the right combinations.

I am confident that we are taking advantages of all the tax efficiencies available to us.

I am confident that my assets are appropriately positioned to take advantage of tax savings opportunities.

I understand how the use of a trust or other tax structures could decrease the amount of tax we pay.

I fully understand the tax implications of any foreign assets we own (e.g. real estate, securities etc.) and have protected ourselves accordingly.

I have a clear idea of our estate objectives and how much our heirs will receive after taxes and when.

I am confident that I have a plan in place that will minimize taxes and probate fees in the event of my death.

Our wills and powers of attorney for financial and health care purposes are current, properly executed and available for your executors when needed.

I am confident that I have the most appropriate people to act in my best interests as Financial Power of Attorney; Personal Power of Attorney and Executor(s).

Our financial affairs are well-organized and in good order.

I can safely say that very few financial details fall through the cracks in my life.

Our personal financial situation is straightforward, I enjoy managing it and I feel I am doing a good job.

We have a document records system that allows us (or our loved ones) to quickly put our hands on whatever we need.

I receive regular, easy to understand, consolidated reporting on all our family holdings across all of our entities and family members.

I have calculated how much capital I will need to be able to retire and to maintain our standard of living.

I know what our family expenses and capital needs are and feel confident that they are reflected in my wealth plan.

I have a game plan in place to prepare for a liquidity event, such as sale of my business or property, receiving my deferred compensation or cashing in my shares or partnership interests.

Our family has open and healthy dialogue about money and financial issues.

I am confident that my spouse and children will be able to manage if something happens to me.

I am confident that our family net worth is not likely to be at risk if one of my children gets divorced.

I feel confident that our children are financially well-educated and sufficiently responsible to inherit the assets that are likely to be left to them.

Goal Setting & Financial Planning

Investment Management

Estate Planning & Management

Tax Minimization Planning

Insurance Strategies

Which of the following options you would consider a top Priority (You may select more than one)