Safeguarding against events that might derail future plans.
Effective financial planning will address the threats to your financial health—in the form of risks like health setbacks, accidents, calamities, or the death of loved ones.
While Kaplan Financial is not in the insurance business, we will analyze your insurance coverage and policies striving to ensure you have the protection you need across all aspects of your life, including:
Long-term care insurance
We’ll review your life insurance to understand how you’ve provided for the people dependent on you—and the degree to which they’ll be protected and provided for in case of your death.
What if you become unable to work? Part of our financial planning will look at disability insurance with an eye toward replacing needed income if you become incapacitated for any period of time.
Long-term care insurance can provide a significant safety net for people who are hit by a debilitating, long-term illness. While some find the cost of this protection prohibitive, many individuals are eligible for employer-sponsored plans that can prove affordable. Often, these types of plans provide the additional benefit of not escalating premiums as much as private plans.
Liability coverage for your properties and automobiles offer a great deal of options these days, including bundled “umbrella policies.” Our team will review your existing plans and review today’s options for balancing premiums, risk, and exposure—putting it into a balanced context between the value of your property, your income, and your likely risks.
Other areas where financial/estate planning and risk management intersect, include survivorship life insurance (e.g. for business owners/partners.) We will evaluate your precise circumstances and incorporate these considerations into our estate planning process as well.
Barron's Top 100 Financial Advisors 2022 is based on assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work.
The Forbes ranking of America’s Top Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years’ experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receives a fee in exchange for rankings.