Address Your Barriers to Sound Financial Health
Small business owners have a difficult time accumulating wealth for a number of reasons.
Review our Checklist for Financial Health to see if these barriers apply to you.
Checklist for Financial Health / The 7 Big Barriers:
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Poor understanding of the tax code to reduce taxes to the legal minimum
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Unclear financial goals with specific investment objectives
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Unclear ideas of longer-term financial needs to support lifestyle costs
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Little planning on how to manage and maximize practice surplus earnings
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No strategy or plan to efficiently and effectively protect earning potential
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No protection against asset loss to unforeseen events
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Lack of proactive reviews to reassess progress and make corrections
The professionals at Rosetree & Company are dedicated to helping small business owners overcome these barriers.
Asset protection plans should be developed and implemented well before problems arise. Due to the fraudulent transfer laws, asset transfers that occur close in proximity to the filing of a lawsuit or bankruptcy can be interpreted by the court as a fraudulent transfer. Proper structuring of these assets is imperative please seek proper legal and tax advice prior to engaging in re-titling/structuring of any assets. Please note that laws are subject to change and can have an impact on your asset protection strategy.
Investment Advisory Services offered through NFP Securities, Inc., Member FINRA/SIPC. NFP Securities, Inc (NFPSI). is not affiliated with Rosetree & Company, Ltd. NFP Securities, Inc. does not provide legal or tax advice and is not a Certified Public Accounting firm. This site is published for residents of the United States only. Investment Advisor Representatives of NFPSI may only conduct business with residents of the states and jurisdictions in which
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