Project-Based Service Offerings

We provide certain financial planning services on a one-time, limited scope, engagement. Project-Based Financial Planning is available for Clients looking to address specific questions or issues. The Client may choose from one or more of the below topics to cover or other areas may be covered per customer request and upon mutual agreement with Eustace Advisors.

  • Cash Flow and Debt Management

    We will conduct a review of your income and expenses to develop a personal income statement which will define your current surplus or deficit. Review of the income statement will include advice on prioritizing how surplus should be invested and how to reduce expenses if they exceed your income. Advice may also be provided on which debts to pay off first based on factors such as the interest rate of the debt and any income tax ramifications. We may also recommend what we believe to be an appropriate cash reserve that should be considered for emergencies and other financial goals, along with a review of accounts (such as money market funds) for such reserves, plus strategies to save desired amounts.

  • College Savings

    This topic includes projecting the amount that will be needed to achieve college or other post-secondary education funding goals, along with advice on ways for you to save the desired amount. Recommendations as to savings strategies are included, and, if needed, we will review your financial picture as it relates to eligibility for financial aid or the best way to contribute to grandchildren (if appropriate).

  • Employee Benefits Optimization

    We will provide review and analysis as to whether you, as an employee, are taking the maximum advantage possible of your employee benefits. If you are a business owner, we will consider and/or recommend the various benefit programs that can be structured to meet both business and personal retirement goals.

  • Estate Planning

    This service balances educational focus with advice. We begin with an overview of estate planning documents, estate taxation, common estate investment options, and a discussion of the Client’s estate planning goals. We then analyze the Client’s estate planning readiness, which may include whether you have a will, powers of attorney, trusts, and other related documents. We always recommend that you consult with a qualified attorney when you initiate, update, or complete estate planning activities. We may provide you with contact information for attorneys who specialize in estate planning when you wish to hire an attorney for such purposes. From time-to-time, we will participate in meetings or phone calls between you and your attorney with your approval or request.

  • Insurance

    This service starts with an educational portion which reviews the range of insurance options available, details of the insurance coverage, and common uses of various types of insurance. We then review the Client’s existing policies to assess coverage for life, health, disability, long-term care, liability, home, and automobile. We may provide you with contact information for insurance specialists for further consultation and to acquire additional insurance coverage. From time-to-time, we will participate in meetings or phone calls between you and your insurance agent per request and with your approval.

  • Retirement Planning

    Our retirement planning service begins with the Client’s input related to assets, liabilities, income, expenses, retirement objectives and projected time to retirement. We then develop projections to assess the likelihood of achieving the Client’s post-retirement financial goals. For situations where projections show less than the desired results, we may make recommendations, including those that may impact the original projections by adjusting certain variables (e.g., working longer, saving more, spending less, taking more risk with investments).

    If you are near retirement or already retired, advice may be given on appropriate distribution strategies to minimize the likelihood of running out of money or having to adversely alter spending during your retirement years.

  • Tax Planning Strategies

    This service balances educational focus with advice. We begin with an overview of various forms of taxes related to income and investing. Following a review of the Client’s recent tax returns, we may recommend options to minimize current and future income taxes as a part of their overall financial planning picture. For example, we may make recommendations on which type of account(s) or specific investments should be owned based in part on their “tax efficiency,” with the consideration that there is always a possibility of future changes to federal, state or local tax laws and rates that may impact your situation.

    We recommend that you consult with a qualified tax professional before initiating any tax planning strategy, and we may provide you with contact information for accountants or attorneys who specialize in this area if you wish to hire someone for such purposes. We will participate in meetings or phone calls between you and your tax professional per request and with your approval.