Family Financial Security
Test your need to minimize risks to your family’s security.
Traditional risk management revolves around the risk of losing sources of income through disability or death. But today financial risk management for affluent families requires broader thinking and
integrating diverse goals.
Luckily, this diversity is matched by a much wider band of risk management and investment tools—life insurance, disability insurance, medical insurance, critical illness insurance, long term care insurance, and a host of investment strategies and products.
How well equipped do you feel?
Where are the gaps in your planning
today?
Have you quantified your family’s future financial
needs and contingency plans using different family
scenarios?
If an income-producing family member were to die
or become disabled, would your family have
resources to eliminate burdensome debt?
Do your family circumstances create conflicts
between future financial needs, such as education
expense versus retirement income versus parental
care?
Have you maximized contributions to pretax
investment vehicles?
Do you have a plan to deal with tax liabilities
associated with distributing pretax investment
vehicles?
Have you estimated potential personal medical and
elderly care for you and your spouse and have you
created financial resources to meet the need?
Have you educated family members about the
stewardship of family assets to avoid the risks
unearned wealth may place on your children and
grandchildren?
Would more information help your future decisions?
Consult Leisman Library
Email Bill Leisman