Blankinship & Foster, LLC

Blankinship & Foster stands by your side to assist you in developing ongoing strategies for wealth building, wealth conservation, and wealth distribution.  Each client works with a team of financial planning professionals so you can always reach someone who knows you.  Because building, conserving, and distributing wealth are integrated with tax, estate, and insurance planning, your Financial Planning team will coordinate with your other advisors, such as an attorney or accountant. 

Under the umbrella of Wealth Management, the following is a partial list of the services the firm provides:

Retirement Planning

• Project your ability to retire when you wish, with your desired lifestyle.
• Update of retirement analysis as you approach retirement age or make major changes in your financial plan.
• Evaluate pension distribution alternatives to try to get the most our of your retirement plan.

• Design and implement a customized investment portfolio.

• Provide performance reports to track your investment results.

• Track cost basis and transactions within accounts for easy tax reporting.
• Recommend  specific 401(k) investments in context of your total portfolio.  
• Develop a strategy for exercising and managing your stock options and stock grants.

• Coordinate tax reduction strategies with your tax preparer.

• Plan for tax consequences of asset sales and stock option exercise.
• Provide year-end tax reports.
• Develop Roth IRA conversion strategies.
• Work with pension administrators to develop efficient retirement plans for your business.

• Analyze your life insurance needs, if any, and propose the best type of insurance to meet your needs.

• Review existing life and disability income coverage.

• Review long term care insurance needs and propose the best type of coverage to meet your needs.
• Review auto, homeowners, and umbrella liability policies and provide recommendations to discuss with your insurance agents.

• Review wills, trusts and durable powers of attorney to ensure your estate planning documents are in place and meet your wishes.
• Review beneficiary designations of retirement plans to provide the optimum transfer of assets.
• Review estate liquidity needs. 

• Review documents for adequate treatment of incapacity planning.
• Develop strategies for transferring wealth to your heirs. 
• Review charitable gifting strategies such as donor advised funds, private foundations or charitable trusts.
• Develop or review strategies for asset protection with your attorneys.

• Calculate education funding needs.
• Compare education funding techniques such as 529 plans and custodial accounts.
• Analyze specific one-time decisions such as an early retirement offer from your employer.
• Evaluate employer group benefits to optimize your use of benefits.

• Help navigate major life changes such as marriage and divorce or death of a loved one.
• Develop a business succession plan.
• Assist with estate distribution after a death.