About us

Lion's Share Senior Services

Planning for a happy and healthy retirement goes beyond just saving and investing; it requires you to navigate a progressively complex landscape and make informed decisions along the way. One of the most critical decisions you need to make is how you will pay for health care once you’ve left the workforce. If you have already left the workforce is how will you continue to pay for health care.

According to the U.S. Centers for Medicare and Medicaid Services, the U.S. spends approximately $3.5 trillion a year on health care, or nearly $11,000 per person. Overall spending rose 4.6% in 2017, faster than the pace of inflation or wage growth. As spending rises, patients are also shouldering a larger share of treatment costs—driving up out-of-pocket expenses. The elderly, who require the most care, often bear the brunt of the costs.

Planning for a happy and healthy retirement goes beyond just saving and investing; it requires you to navigate a progressively complex landscape and make informed decisions along the way. One of the most critical decisions you need to make is how you will pay for health care once you’ve left the workforce. If you have already left the workforce is how will you continue to pay for health care.

According to the U.S. Centers for Medicare and Medicaid Services, the U.S. spends approximately $3.5 trillion a year on health care, or nearly $11,000 per person. Overall spending rose 4.6% in 2017, faster than the pace of inflation or wage growth. As spending rises, patients are also shouldering a larger share of treatment costs—driving up out-of-pocket expenses. The elderly, who require the most care, often bear the brunt of the costs.

The cost of healthcare is a common concern for most Americans. Health care costs are the #1 financial concern for people in their 50s and 60s. A combination of quickly rising health insurance costs and the potential for increased medical needs as you age can make planning for healthcare in retirement complex, unpredictable, and therefore, worrisome.

Why Choose A Lion Share Advisor

Lion’s Share has one objective in mind which is to recommend a diversified, no-load and no-fee investments that match the needs of each client’s education goals for their children or grandchildren. Lion’s Share will never sell you products pushed by sponsors that offer us commissions or compensation in exchange for business, because we believe that this creates a conflict of interest.

We also believe that effective diversification keeps our clients portfolios more stable during times of market volatility. This helps clients preserve principle as well as gains, and it also affects how we balance the portfolio based on the age of the beneficiary. This is just one of the reasons that our clients stay with us through the ups and downs of multiple market cycles.

Lion's Share College Planning

Capabilities

Your wealth management plans should determine what insurance coverage is right for you. At Lion’s Share goal is to align your coverage.

Lion’s Share can create simple plans to protect assets from creditors to safeguarding wealth across multiple generations.

Lion’s Share affiliated entity CPAs, our wealth managers, and attorneys work together to offer our clients the best tax services.

Why Choose A Lion Share Advisor

Types of College Savings

ESA’s

These plans are more formally known as Coverdell Education Savings Accounts, or ESAs. They’re similar to 529 plans, with a few differences. Make sure you talk through the many conditions of these accounts have with your financial advisor: Tax law prohibits funding once the beneficiary is 18 years old; the annual per-child contribution limit is $2,000; and the account must be totally liquidated by the time the beneficiary is 30, or will be subject to tax and penalties.

UTMA’s

UTMA stands for Uniform Transfers to Minors Act. UGMA stands for Uniform Gifts to Minors Act. These are custodial accounts, utilized to hold assets for minors until they are the age of majority in your state, and are not specifically for education expenses. When your child is of age, he or she can use the money for education expenses, invest the funds, or use them for other purposes.

529

529 plans are tax-advantaged methods of saving for future education expenses, and are authorized by Section 529 of the Internal Revenue Code. Most 529 plans are sponsored at the state level, and there is also a 529 plan operated by a group of private colleges and universities   

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