Advanced Planning Solutions

Advanced Planning Solutions

In addition to providing you with professional custom designed packages to fit your clients business and estate planning needs, we offer comprehensive analysis and state of the art solutions. We provide you with advanced planning solutions, product spotlights and regulatory updates to help you continually uncover new cases. We specialize in assisting you with advanced cases pertaining to any of the following concepts.

Have you ever discovered a unique store or restaurant while walking down the street and then the next time you visit, it’s gone? How about the corner bakery that has been run by the same family for generations and one day it disappears – do you ever wonder what happened? One thing that most likely contributed to the collapse of these businesses is that they failed to have a viable succession plan. FBS has ideas, solutions and state of the art strategies as well as partner resources, including attorneys and CPAs to help you through the planning process.

  • Supplemental Executive Retirement Plans (SERP)
  • Executive Bonus
  • Non-qualified Deferred Compensation Plans
  • Key Person Life

For many highly compensated executives, business owners, and professionals, savings in qualified retirement plans such as 401(k)s will not be sufficient due to qualified plan contribution and income limits. We offer plan solutions for Supplemental Executive Retirement Plans (SERP), Executive Bonus, and Key-person Life. Small or large businesses want to attract and retain qualified, hardworking and loyal employees. We have strategies to help your clients accomplish this worthy goal. We help you build supplemental plans that are tax-advantaged and flexible for your clients as well as indemnify their businesses from the loss or disability of a key person. FBS has ideas, solutions and state of the art strategies as well as partner resources, including attorneys and CPAs to help you through the planning process.

Many group long term disability plans provided by employers fall far short of providing financial security and guaranteed income streams when your clients are disabled. Most cap the monthly benefit amount at 60% of salary, do not cover bonus income and the benefit is fully taxable with offsets for Social Security, Workers Compensation and other pension benefits your client may be eligible for. Many Group LTD plans cap the monthly benefit at $5,000 or $10,000 per month which falls short of a “true 60%” benefit restoration. We have plans to fill these shortfalls and give your clients peace of mind at retirement. FBS has ideas, solutions and state of the art strategies as well as partner resources, including attorneys and CPAs to help you through the planning process.

A commonly overlooked question that exposes another insufficiency for many hard working people is, “What happens to my pension contributions and corporate match if I become disabled?” It stops! We offer a plan to fill that gap and continue contributions so your client’s retirement plan is still waiting there for them when they need it most- at retirement. FBS has ideas, solutions and state of the art strategies as well as partner resources, including attorneys and CPAs to help you through the planning process.

Most of your clients are dealing with the issue of how to care for their aging parents or themselves while maintaining their integrity and quality of life. For anyone over the age of 65 there is a 70% chance they will require long term care in their personal residence, assisted living or a nursing home facility at some point in their lives. That’s right 70%. A well quoted fact, “When we live we get old; when we get old we get sick; when we get sick we need care.” The questions are who will provide that care and how will your client pay for it? At FBS we can provide you the answers for your client’s life’s progression. We can design a course of action that gives your clients peace of mind, financial security and independence at retirement. Your options include Self-insuring, a Stand-Alone Long Term Care policy, a Single Premium Life with Long Term Care Pool, a Universal Life or Whole Life policy with Long Term Care rider, or an Annuity/Long Term Care combo plan. FBS has ideas, solutions and state of the art strategies as well as partner resources, including attorneys and CPAs to help you through the planning process.

Your clients have worked hard over the years and accumulated considerable assets – enough to live on comfortably while planning for the future of those close to them. Nonetheless, without an estate plan, their estate could dwindle as a result of taxes and other wealth transfer costs. Federal Estate as well as Income taxes on undistributed IRAs and 401(k)s are part of the liability issue. But many states have gone further to create State Estate Taxes and State Inheritance Taxes that can also dilute the inheritable estate your clients have worked so hard to generate. FBS has ideas, solutions and state of the art strategies as well as partner resources, including attorneys and CPAs to help you through the planning process.

FBS has access to the finest SPIA, Fixed Annuity and Indexed Annuity products to help your clients solve their income needs for retirement.

FBS has ideas, solutions and state of the art strategies as well as partner resources, including attorneys and CPAs to help you through the planning process.

Making charitable gifts can help your client not only to achieve their charitable objectives, but also to preserve their personal wealth. Life insurance can greatly leverage the benefits of charitable gifts, whether by a simple gift of a life insurance policy to a charity, or through more complex planning techniques such as Charitable Lead and Charitable Remainder Trusts. FBS has ideas, solutions and state of the art strategies as well as partner resources, including attorneys and CPAs to help you through the planning process

As a successful individual who has accumulated significant assets, your client may have a need for life insurance in their estate plan. However, finding the liquid assets to purchase a large insurance policy is not always a simple thing to do. We can recommend planning strategies that help your clients leverage their current assets to provide premium flows and enhance their estate liquidity for long term estate goals. FBS has ideas, solutions and state of the art strategies as well as partner resources, including attorneys and CPAs to help you through the planning process.

Senior couple meeting real-estate agent for investment