Your Dreams Matter
At the Law Office of Walter E. Bak, Esq., IAR, we believe everyone should be able to live the retirement they’ve always wanted. Our team of professionals can help you create a well-thought-out strategy, using a variety of investments and insurance products and services, to help you address your estate and financial concerns.
The Complete Plan for Retirement (C.P.R.)
Our proprietary and singular process is designed to help our clients achieve simplicity and confidence during their retirement years. It’s focused around five key areas of your current financial and estate planning.
Income Planning
Pay expenses monthly with reliability and predictability for the rest of your life with the following:
- Social Security optimization
- Income & expense analysis
- Inflation plan
- Spousal plan
Investment Planning
Once your income plan is established, we will create an investment plan for the remaining assets that you do not need to draw from month to month. To do that, we will:
- Assess your risk tolerance
- Adjust your portfolio to reduce or eliminate fees
- Evaluate ways to reduce risk while still accomplishing your goals
- Employ comprehensive institutional money management techniques
Tax-efficiency strategies
In designing a strategy for addressing taxes, we will:
- Assess the taxable nature of your current holdings
- Strategize ways to include tax-deferred or tax-free money in your plan
- Strategize which tax category to draw income from first to reduce your tax burden
- Leverage your qualified money to potentially leave tax-free dollars to your beneficiaries
- Eliminate and/or reduce death taxes
- Eliminate cost of nursing home through trust-based planning
Health Care Planning
We will create a plan designed to help protect you against rising health care costs with these tools:
- Examine all aspects of your Medicare plan, Parts A, B and D
- Analyze all potential options for long-term health care
Asset Protection Strategies,
Estate Planning,
Legacy Planning
It’s important to ensure that any remaining assets you’ve worked so hard for go to your beneficiaries instead of taxes. Toward that end, we will help you:
- Maximize your estate and income tax efficiency opportunities
- Protect any assets in trust and see that they are distributed to your beneficiaries probate free
- Protect IRA and qualified accounts from becoming fully taxable to your beneficiaries upon death
- Protect your assets from divorce, bankruptcy, liability, probate and Medicaid
- Estate administration
- Probate court avoidance
We offer services in these three areas:
Grow
Prepare for retirement by putting your hard-earned assets to work.
How?
Retirement Income Strategies
Wealth Management
Annuities
Investments
IRA/401(k) Rollovers
Preserve
Protect the assets that can help you live the retirement you’ve always imagined.
How?
Asset Protection Strategies
Life Insurance
Tax-Efficient Strategies
Long-Term Care Strategies
Trust-Based Planning
Wills
Powers of Attorney
Give
Provide for the people and causes you care about the most.
How?
IRA Legacy Planning
Wills
Charitable Contributions
Insurance products are offered through the insurance business The Law Office of Walter E. Bak. The Law Office of Walter E. Bak is also an Investment Advisory practice that offers products and services through AE Wealth Management, LLC (AEWM), a Registered Investment Adviser. AEWM does not offer insurance products. The insurance products offered by The Law Office of Walter E. Bak are not subject to Investment Advisor requirements. AEWM and The Law Office of Walter E. Bak are not affiliated companies.
Investing involves risk, including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Neither the firm nor its agents or representatives may give tax advice. Individuals should consult with a qualified professional for guidance before making any purchasing decisions.
We also provide the following services:
Trusts
Probate
Charitable Giving
Estate Planning
Ready to Take The Next Step?
For more information about any of our products and services, schedule a meeting today or register to attend a seminar.
