Murphy Bussiness January 2018

CLIENT TESTIMONIALS

“Rarely do you meet someone in the sales business with the willingness to help others without a ‘What’s in it for me?’ attitude. I really felt that way meeting with Kim Deas. “Kim could certainly have told me that she could sell my business and signed me up, but she didn’t. She told me that if I was able to implement a few strategies (which she gave me), that I

could grow my company significantly and realize a lot more value.

you can bet I will only call one person: Kim Deas.

“Instead of taking the easy path and making a commission now, she helped coach me so that I could realize a far greater value down the road. She never asked me to guarantee her the ‘deal’ in the future, and she truly provided added value. In the future, when I do decide to sell my company,

“If you are considering selling your business or buying a business and want to work with an honest, caring, and incredibly intelligent person, Kim Deas is that person.”

–Howard Meltzer (business owner)

CASE STUDY A Jacksonville business owner was interested in accomplishing several goals — to maximize retirement income, partner.This policy will also serve the needs of the buy- sell agreement.

protect his business, improve cash- flow, and reduce taxes. In addition, the business owner was preparing to bring on a partner. To maximize his retirement, we began by reviewing his existing 401(k).After a fiduciary review, we transferred his 401(k) to lower his fees and arranged for the money manager to become a plan fiduciary.

As an alternative to a cash balance plan, and to reduce the amount of funds that were required to fund his existing life insurance policies, we utilized Enhanced Planning™.This

enabled the owner to fund $350,000 per year in premiums, the majority of which was going to cash value.The initial cost is $41,000 per year and will level out at $112,500 per year.This saves $220,000 in cash flow in years 1–3, while still providing $150,000 in savings per year by year 8. This case illustrates how planning can dramatically improve cash flow and reduce taxes, while making the overall portfolio less prone to losses. Currently, less than 25 percent of the

owner’s net worth is subject to direct market fluctuations, while 60 percent is protected from any losses and is still capable of gains over 10 percent. We specialize in working with business owners who are looking to reduce their tax burden by deducting up to $1 million or more per year. Let’s discuss how we can help you save for retirement and keep more of your tax dollars.

ARGALLUS FINANCIAL GROUP, INC. We then put insurance policies in place to cover death, disability, and terminal illness.The policy was set up to maximize cash value and enable the cash value to grow tax-deferred, and to provide tax- free income when needed under current tax law.

Next, we placed a key-man policy on his associate, who was also becoming his

Rick Dwyer

ARGALLUS FINANCIAL GROUP, INC.

MEET OUR TEAM

Rick Dwyer, Financial Advisor “My goals are to train and enter my first triathlon; launch our new website, logo, and branding on Jan 1.; and add property and casualty insurance to our practice during the first quarter of 2018. We want to continue to help business owners dramatically reduce their tax liability and plan for future success while ensuring they’re properly protected today.”

Lisa Pilgrim, CPA “My goals for 2018 are to help and educate as many clients as possible, maintain a healthy lifestyle, and grow my practice and relationships. It’s all about balance!”

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