The SMART Wealth Planning Process
If you're like most people who come to see us, you're concerned about having enough money in retirement or how taxes might affect your income. Maybe you're worried about providing your loved ones after you're gone. We can help. Together, we'll design your customized SMART Wealth Plan to address your unique needs and lifestyle goals.
lower taxes | greater wealth | Lasting Legacy
lower taxes
greater wealth
lasting legacy
Discover what matters most to you
Our initial Discovery Meeting gives us a chance to understand what your ideal retirement looks like. We'll discuss your goals and concerns, review your current finanacial situation and answer any questions.
If we're a good fit to work together, we'll explain our unique planning process and how to get started.
1
Create a strategy for your ideal future
Our next meeting transforms your visualizations into specific goals and actions as we review your Retirement Report Card. We will show you where you currently stand in the 5 critical areas of retirement planning, and make recommendations on how to address any gaps to achieve your ideal retirement vision.
Along the way we'll educate you about different options, explain the pros and cons, and you'll let us know the best for your situation. At this meeting, you will be able to decide if you like the way we do things, and if you'd like our help in moving forward.
2
build your financial, legal and life plan
Once you decide to become a Quraishi Law & Wealth client, your unique plan is finalized with clear expectations and next steps.
Depending on your needs, we complete action items in investments, estate planning, tax, insurance, then discuss strategies to maintain focus and proactively plan for the future. This may take a series of meetings to fully implement your foundational plan.
3
Review your plan and update as necessary
After we've created your plan, our work has just begun. That's because your needs and goals change over time. After we implement you initial SMART Wealth Plan, we'll regularly review and adjust it to ensure it aligns with your current situation and maximizes your financial security.
4
Schedule your free call
Have a question not listed here?
Who’s a good fit?
How does Quraishi Law & Wealth make money?
Do you offer proactive tax planning?
Are you a fiduciary?
- Are retired or planning to retire within the next 5-7 years and seek a dedicated team to manage your planning and investments.
- Value a proactive team that vigilantly monitors for blind spots and opportunities in your financial landscape.
- Are a genuinely nice person who values mutual respect in professional relationships.
- Are a diligent saver who, through consistent financial prudence, has accumulated a retirement nest egg typically ranging from $500,000 to $1 million+.
The cost of our professional services is based on a percentage of the value of the investments we manage. This is debited directly from your investment account and includes ongoing retirement and tax planning, plus many additional services. Most people find this to be about 1% per year.
We are big on transparency, so your statements are clear and straightforward. One benefit of our fiduciary commitment to our clients is that we disclose any conflicts of interest, so you know you are working with a trusted team that works in your best interest.
We also begin a new relationship with a one-time financial planning fee. This varies depending on your needs and complexity and is discussed during your first no-cost Discovery meeting.
Yes, at Quraishi Law & Wealth, we not only offer proactive tax planning, but we also prepare and file tax returns for most of our clients. Filing taxes typically involves looking back, but our approach integrates forward-thinking strategies that enhance tax efficiency both now and in the future.
Our proactive tax planning focuses on helping you save taxes efficiently before retirement and optimizing tax-efficient withdrawals during retirement. By preparing and filing your tax returns, we can directly apply these strategies and measure the actual tax savings achieved, ensuring that the planning aligns perfectly with the outcomes on your return. This integrated approach allows us to continually refine and optimize your financial strategies effectively.
Yes, we are proud to act as fiduciaries for our clients. This means we are legally and ethically obligated to put your interests ahead of our own at all times. We are committed to providing transparent, honest, and impartial advice, ensuring that the financial decisions we help you make are tailored to your best interests.
We specialize in offering a comprehensive suite of services that include estate planning and proactive tax planning, but these services are exclusively available to our wealth management clients. We believe in a holistic approach where managing your wealth effectively involves integrating all aspects of your financial life.
By focusing on comprehensive planning for our wealth clients, we ensure that each component of your financial strategy—whether it's estate planning, tax optimization, or investment management—works harmoniously towards achieving your overall financial goals. This integrated approach is crucial for creating a robust and effective strategy tailored to your unique needs and objectives.