Financial / Retirement Planning
Do you have enough to retire?
As a Wealth Management customer, you will gain access to:
- Cash flow projections and analysis.
- Simulations to help predict shortfalls or adjustments to retirement plans.
Assist with spending plan – all retirement assets are not treated equally.
- We help determine which account to draw from on an annual basis, to minimize tax.
- Assist with college funding/planning.
Estate Planning
We do not provide legal services, but we can work with you to ensure that your documents achieve your wishes.
Additional services:
- Run estate flow charts to estimate estate tax ramifications.
- Help interpret estate documents.
Risk Management
- We can assist with evaluating life insurance coverage.
- We can help identify gaps in other insurance coverages.
Tax Planning & Coordination with Advisors
Our Wealth Management team can help analyze tax returns and coordinate with other advisors such as:
- CPA's
- Attorneys
- Insurance Agents
Products provided by Southern Michigan Bank & Trust’s Wealth Management department are not FDIC insured. They may lose value and there is no bank guarantee.
Banking products are provided by Southern Michigan Bank & Trust. Member FDIC. Consult your legal and/or tax advisors before making any financial decisions.