Dresner Financial Planning
is an independent, personal financial planning firm offering comprehensive
advice and planning to clergy and religious educators. This is accomplished through
the following analyses:
The starting point for any financial planning process is to determine your
current financial position. This includes cash flow analysis, a balance sheet
of your assets and liabilities, and a detailed analysis of your qualified
and non-qualified investments.
Risk Management Analysis
This includes an analysis of your present protection against financial risks,
which could result in significant financial losses that you may not be willing
to accept. This protection is generally provided by insurance including life,
health, disability, long-term health care, auto and homeowners coverage. This
analysis will result in you being able to make educated choices regarding
the risk protection you want to maintain/implement using the most cost effective
The objective is to help you make smart and educated choices about your
investments to allow you to accomplish your specific financial goals. The
analysis includes both qualified and non-qualified investments. The result
is specific asset class investment recommendations for your portfolio to provide
the maximum expected return compatible with your acceptable risk tolerance.
The approach uses the Nobel award winning, and widely accepted, "Modern Portfolio
Theory" investment concepts. Of course, no investment performance is ever
Tax Analysis This
analysis determines which strategies could be implemented to reduce Federal
and State income taxes.
The objective is to provide you a retirement income which will allow you to
maintain your desired standard of living during your retirement. Based upon
the difference between your retirement income needs and monthly income sources,
such as Social Security, pensions or annuities, a determination is made of
the annual return required from your retirement portfolio to make up the difference
needed to meet your retirement goals. A portfolio is constructed, along with
required savings and investment returns to achieve this goal. Monte Carlo
probability is used as part of the analysis.
Wealth Transfer Analysis
This analysis determines which of the numerous wealth transfer planning
techniques available is most appropriate for your particular objectives. The
objective is to maximize the amount of assets transferred to your heirs and
minimize the amount of taxes owed to the Federal government. Dresner Financial
Planning is not qualified to render legal advice but would identify the need
of, and can refer you to, a qualified legal advisor.
services may include (depending on level of service)
you in implementing agreed-upon strategies
your overall progress
new strategies to achieve your financial, tax, estate, family and risk management
cash flow, investment and income tax planning estimates or other financial
you on financial and economic matters.
and recommending investments that are suitable to you, your objectives and
investments to see if they are meeting your goals; reviewing performance of
investments via quarterly reports, recommend portfolio allocations.
with you personally for advisory purposes, or accompanying you to meet with
family members, or consulting, when necessary, with your other advisors -
such as attorneys, accountants, insurance agents, and bankers.
your employment contract, making recommendations, assisting in negotiating
if your parsonage amount is adequate or needs revising and assisting in the
process with your house of worship.
to establish an accountable business reimbursement plan.
all fringe benefits and insurance contracts (i.e., life, health, disability,
your balance sheet.
your tax return - annual and estimated quarterly returns.
Unlimited access via phone, fax, or e-mail.
newsletters, articles of interest.
you if you Aliyah to Israel.
Laurence Dresner, ChFC
Dresner Financial Planning 734 Miller Ave. Freeport, NY 11520