Bob Smith and Mary Smith
Mr. John Q. Smith, Jr., CLU
For Evaluation Purposes Only
10735 David Taylor Drive
Charlotte, North Carolina 28262
These pages depict certain wealth preservation strategies concerning possible methods for taking distributions from your qualified retirement plan. For purposes of
this analysis, several of your qualified retirement plans may be aggregated and shown as one single plan. This report provides only broad, general guidelines, which
may be helpful in shaping your thinking about and discussing your wealth preservation needs with your professional advisors. This report provides estimates based
on our general understanding of current tax laws.
Each scenario shown illustrates your current situation or an alternative strategy and its possible effects on the financial situation you provided. Inclusion of one or
more of these strategies does not constitute a recommendation of that strategy over any other strategy.
Calculations contained in this analysis are estimates only based on the information you provided, such as the value of your assets today, and the rate at which the
assets appreciate. The actual values, rates of growth, and tax rates may be significantly different from those illustrated. These assumptions are only a “best guess.”
No guarantee can be made regarding values, as all rates are the hypothetical rates you provided. These computations are not a guarantee of future performance of any
asset, including insurance or other financial products.
No legal or accounting advice is being rendered either by this report or through any other oral or written communications. Nothing contained in this report is intended
to be used on any tax form or to support any tax deduction. Unless indicated, the tax aspect of the federal Generation-Skipping Transfer Tax (GSTT) is not reflected.
The GSTT is similar to an additional level of estate tax on certain transfers to grandchildren, or individuals two or more generations removed from the transfe