top of page


Financial Planning

What is Financial Planning?

At its core, a financial plan accounts for your sources of income and creates the means to meet your immediate needs and achieve your future goals. Financial planning is a broad term for a process that incorporates multiple financial tools and strategies in alignment with your objectives. In general, a financial plan will focus on solutions that:







Secure your future today.


Estate planning is the process by which you detail how accumulated wealth or assets are transferred to the next generation. Without a properly drafted and structured estate plan, your assets can become entangled  between your heirs or lose significant value upon transfer. While the core principle of estate planning—designating beneficiaries—is fairly simple, an estate plan often includes  more complex factors. Even a direct transfer to an heir may require detailed structuring and legal documentation.

Tax Planning

You read that right.  We are now e-filing individual taxes for both members and non-members.

Failing to properly structure your assets and growth strategies can lead to the unnecessary loss of a portion of your retirement income. While you can’t avoid taxes, there are strategies and solutions that can help you retain more of your accrued wealth.


This is where the process of tax planning comes into play.​Tax planning is the evaluation and analysis of a financial situation to determine its most tax-efficient structure. Every financial solution or product will have a tax treatment that needs to be addressed. Some may have tax-deferred benefits and see a tax liability only on distribution. Some may be taxed as the asset grows. Some, such as retirement accounts like 401(k)s and IRAs may have contribution limits and incur penalties for early withdrawals. It’s important to see tax planning as an integral part of your overall financial and retirement planning process.


You shouldn’t only be concerned about taxes when you are ready for retirement; effective tax planning examines your strategies every step of the way.


Medicare Services

Confused about Medicare?
We've got you covered.


True Cost of Coverage

Educational Resources

Short-Term Bridge Health Coverage

Medicare Transition

Independent Brokers

Risk Management

Economic conditions, the political environment, new legal requirements and natural events can affect your portfolio. 

Risk Tolerance

Risk Tolerance can vary with age, income and financial goals, and is the amount of risk that an investor is willing to take on. 

Risk Capacity

Risk Capacity is the amount of risk that an investor must take in order to reach their financial goals.

Risk Tolerance & Risk Capacity

Risk Tolerance and Risk Capacity are used together to determine the amount of risk in an investors portfolio.

What is a Risk Number?

Navigating Market Uncertainty

Want to learn more? Leave your info and we’ll get back to you.


Advisory services provided by Family Legacy Financial Solutions, LLC, a Registered Investment Advisor. Investment Advisor Representatives of Family Legacy Financial Solutions have a fiduciary duty to act in the best interests of our clients and to disclose any conflicts of interests and any associated fees. 

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals (Family Legacy Tax Solutions LLC) for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. This site is published for residents of the United States only. Not all of the products and services referenced on this site may be available in every state and through every representative listed.

bottom of page