Confirm your long-term objectives and make whatever adjustments are necessary to reflect new expenses, increased spending and changes in cash flow expectations. You should also update your family and legacy goals.
A total portfolio asset allocation strategy remains as important as ever. Your plans should consider both sides of the balance sheet, and your investments should be coordinated.
Create a family governance plan to make sure your heirs are ready to manage assets when the time comes and continue to use philanthropy to build a lasting legacy.
Ask yourself: At what point should I cash in my 401(k)? What's the best time to exercise my stock options? Will state-specific tax issues influence my distribution decisions?
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