From the Desk of Charlie McCullough
I write this post after an appointment with my advisor at Financial Fiduciaries. We just finished discussing my daughter, Ava’s 525 plan, which you might remember me discussing in a past newsletter article. Even though she is only 6 and entering first grade, there are a lot of important decisions my wife Lisa and I have to make regarding her future higher education and our part in helping fund such endeavors.
While the objective of our appointment was to discuss Ava’s plan, invariably things moved from one thing to another and soon enough it seemed that we were talking about an estate plan as well as my aging parent’s financial future. It made me stop and think about all of the great services that are right at my fingertips when I talk to the team at Financial Fiduciaries.
After my appointment was over, I started to do a mental inventory of all the financial services they provide. In the last year alone, in addition to the a fore mentioned 525 plan, I have discussed my personal portfolio, specific considerations for my wife Lisa, who is a high earner as a Physician, our estate plan, the tax implications of my current financial mix, the implications my parent’s estate plan will have on my taxes, insurance and of course my retirement plan.
I feel fortunate to have a team of individuals who can guide my every financial step and offer a comprehensive list of services for me and my family. And, because of their fee-only status, I know that I am receiving the best possible advice for my personal goals and objectives – they truly have my best interests in mind!
Charlie and Lisa McCullough are fictitious characters who are utilized to illustrate situations in which people might find themselves. Their family and friends are also fictitious. While their stories are inspired by actual situations encountered by Financial Fiduciaries professionals working with clients and prospective clients, they are not intended to provide any specific investment advice. Each situation is different and any general advice provided in the context of these articles may not be suitable for all individuals. Always consult a professional for advice specific to your situation.