Financial Planning

You have accumulated significant resources, you have a wide variety of options available, and the choices you make can significantly affect your lifestyle and the legacy you leave behind. At Millington Financial Advisors, we draw on our experience and planning resources to help you build a comprehensive financial plan aligned with your goals.

 

 

Retirement Planning: no longer earning a salary can present new financial challenges. During retirement, you may need to depend on social security, pensions, and investments to satisfy your living expenses. We work with you to evaluate your available options and develop a plan that is regularly monitored and adjusted as your needs evolve.

 

• We work closely with you to understand your priorities and financial circumstances in retirement to create a plan that aligns with your needs and goals.
• Our team is committed to providing thoughtful and informed guidance throughout the proces

 

 

 

Tax Planning and Preparation: as part of our high net worth investment management services we offer tax preparation services.

 

• In addition to being Certified Financial Planners™ we are Certified Public Accountants, giving us the unique perspective of understanding what's appropriate from a tax perspective, but also from a lifelong goals and investment management perspective.
• We do more than tally up the score of what happened, we actively work with our clients to identify the flexible points driving tax expenses and implement strategies to reduce tax burdens

 

 

 

Estate and Insurance Planning: estate planning is not just about avoiding estate taxes, it's about laying out a plan to clearly and efficiently carry out your wishes. Leaving clear instructions may help streamline the process for your loved ones and reduce potential complications during settlement.

 

• We help establish boundaries on who and how quickly your legacy assets can be accessed.
• If you are charitably inclined, we have techniques to take tax deductions during your lifetime based on a commitment to an asset transfer after your death.
• Where appropriate, life insurance strategies may be considered as part of planning for potential estate liquidity needs or philanthropic goals.