Managing your cash flow and ensuring that you balance your spending needs with your savings and taxes is critical in financial planning. We're professionals in helping you analyze your cash flow and net worth, and offer the following services:

• The preparation of a Net Worth statement and a Cash Flow Analysis statement, showing your sources and uses of cash on an average monthly basis.
• Analysis to identify your savings capacity, and incorporate current year projections for income, expenses and taxes.
• Counseling on effective use of cash sources, and techniques to maximize monthly cash flows.

This area of financial planning is critical in providing for your dependents and the effective use of your wealth. It may include, but is not limited to, the following:

• A determination of current net estate assets.
• Reviewing your current wills and making recommendations for changes to maximize your estate and minimize the taxes for your beneficiaries.
• A discussion on choosing beneficiaries and executors, and your need for Enduring Powers of Attorney or Representation Agreement (B.C.).
• A review of the utilization of trusts including spousal, insurance, and children's trusts, and staggering estate distribution to children.
• Succession issues for a business, family or otherwise.
• Executor services or advice to executors on post-mortem issues such as tax filings and management of the estate.
• Final year tax returns and Trust tax filings.

We all look forward to retirement, and Macdonald, Shymko & Company will help you determine when and how you can retire. Our planners will review your goals for retirement and help you develop a program to achieve them with the following services:

• Determine your goals for retirement and Financial Independence.
• Calculate your capital accumulation requirements based on your stated goals, and discuss your options for achieving those goals.
• Pension plan estimates are included in the analysis, as well as government benefits plans.
• Illustrate the impact of early retirement on your retirement and financial independence goals.

Back to Personal Services main page.