ESTATE & CHARITABLE PLANNING
Newport Financial Group, Inc evaluates your situation, goals, and objectives to design personalized plans to suit your goals. We function as a complement to your existing advisors, not as a replacement. NFG brings a specialized focus and synergy to the financial and estate preservation process.
NFG utilizes an open architecture platform allowing our firm to offer clients the resources and tools best suited to their particular needs. Our select group of tactical thinkers, tax strategists, and financial experts work together seamlessly to provide our clients with an unparalleled level of service. If you have been unable to eliminate a significant tax burden, Newport Financial Group offers novel, highly sophisticated solutions custom-designed for your situation, goals, and objectives which offer flexibility and stability.
Our process consists of extensive ongoing research using our resources to assess your needs and synthesize a powerful mix of ideas into a coordinated plan of action. We present only the ideas we believe will work for you, and we are also first to tell you if our services are not appropriate for your situation.
Once your plan is agreed upon, our team of experts precisely choreographs and executes it down to the last detail. Throughout this process we maintain complete focus and dedication to achieving your goals. Newport Financial Group works to empower your family's future.
ESTATE MANAGEMENT
According to a 1999 report titled Millionaires and Millennium from researchers at Boston College Social Welfare Institute, an estimated $41 trillion in wealth transfer will occur over the next five decades. More than ever families and individuals need a centralized location accessible from anywhere in the world to retrieve critical legal, accounting, and financial information.
Newport Financial Group, Inc. offers a solution to this ever growing problem by offering the Estate Management Process (EMP) allows families and individuals to consolidate items like wills & trusts, corporate documents, investment portfolios, deeds, insurance policies, loan agreements, and more to simplify, organize and control their estate. This technology allows affluent families to manage, preserve, and grow their estate simply and effectively in an environment where their advisors work together and not autonomously.
Through this process a thorough review of all legal, accounting, and financial documentation is completed. Upon conclusion of this analysis the client is provided with an independent, organized list of items making up the clients estate including, but not limited to:
- Legal documents, corporate documents, retirement accounts, bank accounts, investment portfolios, outstanding loans, insurance policies, and tax returns
- Ownership and beneficiary designations of all assets
- Expiration or crucial dates impacting loans, certificates of deposit (CDs), & surrender values
The end result is a detailed report and online access to all of the information, which includes portfolio analysis, what if scenarios, and alerts for key dates and changes to assets. It also provides for limited access for specific advisors and key points of contact to keep the information current.
ESTATE OPTIMIZATION
Estate Optimization is a process created for high net worth families and individuals to evaluate personal or trust owned financial products and debt instruments, such as life insurance, annuities, commercial loans, and mortgages. The Estate Optimization process reviews existing financial assets to determine if those products are the most suitable and best available in the marketplace. This process will provide you with the piece of mind to affirm the products and instruments being deployed are the best suited for you and your family.
ESTATE ARCHITECTURE
Estate Architecture is a comprehensive estate planning process for high net worth families and individuals. Through the Estate Architecture process we work with you to evaluate your situation, goals, and objectives to build personalized plans that suit you and your family. We function as a complement to your existing advisors, not as a replacement. By utilizing an open architecture platform it allows our firm to offer clients the resources and tools best suited to their particular needs. Once your plan is agreed upon, our team of experts precisely choreographs and executes it down to the last detail. Throughout this process we maintain complete focus and dedication to achieving your goals.