You want only the very best for your family, but it takes more than a generous heart to plan wisely. That is why many turn to Goheen Financial Group, a comprehensive firm that offers a strategic, full-service approach.
Goheen Financial Group directs you through the maze of financial options, taking care to evaluate tax positions, retirement funding, insurance options and the endless array of investment opportunities. We provide an in-depth analysis that looks at your current financial condition and how it affects every part of your future financial life.
Personal Finance Options
We provide access to a variety of investment products, including non-proprietary load and no-load mutual funds, fixed and variable annuities, and unit investment trusts.
We conduct a detailed inventory of your income, expenses and desired lifestyle, projecting those numbers over time and mapping out a realistic, long-term plan.
Working with tax advisory experts, you will gain insight and guidance as we develop strategies to minimize taxes at every stage of life.
We can provide added protection to minimize estate taxes when distributing wealth to future generations.
Designed to administer and transfer assets, trusts offer a high level of accountability in overseeing your estate. When needed we work with tax and legal advisors to ensure efficient operations and controls, so your assets are distributed exactly as instructed.
Insurance, fixed and variable annuity products deliver an added level of security for your family while also offering tax-advantaged asset accumulation. When managed wisely, these products may provide income, potentially minimize taxes and may ensure and secure transfer of wealth.
We'll help develop a plan to fund a child's education using a variety of tax-advantaged solutions, including the Coverdell Education Savings Account, a Section 529 plan or one of several life insurance options.
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Coverdell Education Savings Account: An account created as an incentive to help families save for education expenses. Contributions to a Coverdell Education Savings Account are not deductible, but amounts deposited into the account grow tax free until distributed.
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Section 529 Plan: An education savings plan designed to help families set aside funds for future college expenses. Contributions to the Section 529 Plan are not deductible on your federal tax return, your investment grows tax-deferred and distributions to pay for college costs come out federally tax-free.
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529 College Savings Plans (when stating that earnings in the account can grow tax-deferred and may be withdrawn federally tax-free when used for qualified education expenses. Federal tax-free status for qualified educational expenses is effective through December 31, 2010 in accordance with the Tax Relief Act of 2001. On January 1, 2011, all provisions of the Tax Relief Act will expire and qualified educational expenses may be subject to federal tax unless it's provisions are extended by federal legislation. State tax treatment may vary. Check with your tax advisor for rules on your state tax treatment.
We can advise you on the timing and structure of gifts to maximize tax credits.
Tax and legal experts will review existing wills and advise on tax matters, directives and bequests.
*NEXT Financial Group, Inc does not offer tax or legal advice.
