Income Distribution Planning

Distribution Planning is one of the most overlooked areas of planning, whether we are discussing regular income needs or special event distributions, for you and your heirs. You probably hear a lot about how to build and accumulate your investments and assets, yet clients constantly ask us: “How do I get my money out?” Very often our industry focuses on what you need to do to reach your goal but it tends to forget about what happens once you arrive at the point of distribution. The planning and strategies that are put in place for the distribution of your assets can be as important as the ones designed to maximize building your assets. So often, decades of hard work and discipline can be undone by a single mistake at distribution.

Distribution planning is the process of evaluating your needs, your asset resources and the potential time line for taking distributions from those assets. To begin, it involves evaluating social security income sources, pension income sources and potential trust income sources. The distribution planning process looks at how those types of income sources interact with your needs and assets. It requires coordination with your Investment Management, Estate Planning and Tax Planning now and in the future. It demands flexibility to adapt to changes in your personal environment and the global environment. Our goal is to implement those strategies that will minimize the impact of taxes over time, maximize your assets and the potential income of your assets and maintain as much flexibility for changing needs. We will work with you to monitor and update your distribution needs now and in the future.