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Client Profile: Dr. James Wellington III - Complex Estate, Multi-Gen Planning.

Key Learning Points:

Demonstrates complex family/beneficiary dynamics
Shows detailed investment tracking including cost basis
Highlights advanced estate planning needs (Trusts)

Section 1: Personal Information

Client Information

Full Legal Name

Preferred Name

Date of Birth

Social Security Number

Driver's License #/State

Citizenship Status

Spouse/Partner Information

Full Legal Name

Preferred Name

Date of Birth

Contact Information

Primary Phone

Secondary Phone

Preferred Contact Method

Primary Email

Current Address

City

State

ZIP Code

Family Information

Marital Status

Children/Dependents

Section 2: Employment & Income

Client Employment

Current Employer

Job Title

Years with Employer

Annual Salary

Bonus/Commission

Employment Type

Spouse/Partner Employment

Current Employer

Annual Income

Employment Type

Other Income Sources

Type	Annual Amount	Duration	Tax Treatment

Section 3: Assets & Investments

Retirement Accounts

Type	Owner	Institution	Current Value	Annual Contribution

Non-Retirement Investment Accounts

Type	Owner	Institution	Current Value	Cost Basis

Real Estate

Property Type	Current Value	Mortgage Balance	Monthly Payment	Interest Rate

Bank Accounts & Cash

Checking Account Balance

Savings Account Balance

Emergency Fund

Section 4: Liabilities & Debt

Type of Debt	Balance	Monthly Payment	Interest Rate	Years Remaining
Primary Mortgage
Auto Loans
Student Loans
Credit Cards				N/A

Section 5: Insurance Review

Life Insurance

Insured	Type	Death Benefit	Premium	Beneficiary

Other Insurance

Disability Insurance Long-Term Care Umbrella Policy Health Insurance Auto Insurance Homeowners Insurance

Section 6: Goals & Objectives

Retirement Planning

Desired Retirement Age - Client

Desired Retirement Age - Spouse

Desired Annual Income in Retirement

Financial Goals Priority Ranking

Rank these goals from 1 (highest) to 10 (lowest):

Goal	Priority (1-10)	Target Date	Estimated Cost
Retirement Security
Children's Education
Pay Off Mortgage
Estate Planning
Major Purchase

What is your biggest financial concern?

What would financial success look like to you in 10 years?

Section 7: Risk Tolerance Assessment

Investment Experience

How would you react to a 20% portfolio decline?

Risk Tolerance Self-Assessment

Section 8: Business Interests & Planning ADVANCED

Business Ownership Structure

Business Name

Entity Type

Your Ownership Percentage

Business Valuation

Business Financial Details

Metric	Current Year	Last Year	2 Years Ago
Gross Revenue
Net Income
Owner Distributions

Succession Planning

Do you have a buy-sell agreement?

Business Exit Timeline

Preferred Exit Strategy

Key Person Planning

Key Employees (besides owners)

Key Person Insurance Coverage

Life insurance on key employees Disability insurance on key employees Non-compete agreements Retention bonuses Deferred compensation Phantom stock/equity

Section 9: Estate Planning Deep Dive ADVANCED

Current Estate Documents

Document	Have?	Last Updated	Location	Attorney
Will
Revocable Living Trust
Irrevocable Life Insurance Trust (ILIT)
Charitable Remainder Trust
QTIP Trust
Dynasty Trust
Financial Power of Attorney
Healthcare Power of Attorney
Living Will/Advance Directive

Beneficiary Audit

List primary and contingent beneficiaries for all accounts

Account/Policy	Primary Beneficiary	% Share	Contingent Beneficiary	Last Updated

Charitable Planning

Annual Charitable Giving

Charitable Intent at Death

Preferred Charitable Vehicles

Direct gifts Donor Advised Fund Private Foundation Charitable Remainder Trust Charitable Lead Trust Endowment

Section 10: Advanced Tax Planning ADVANCED

Multi-Year Tax Analysis

Tax Component	Current Year	Last Year	2 Years Ago
Adjusted Gross Income
Taxable Income
Federal Tax Paid
State Tax Paid
Effective Tax Rate

Tax-Advantaged Strategies Currently Using

State Tax Considerations

Current State of Residence

Considering Relocation?

Section 11: Multi-Generational Wealth Planning ADVANCED

Family Wealth Transfer Goals

Philosophy on Inheritance

When to Transfer Wealth

During my lifetime At specific ages At milestones (marriage, graduation) At my death In trust with restrictions Skip generation to grandchildren

Education Funding Strategy

Beneficiary	Current Age	Years to College	529 Balance	Annual Contribution	Target School Type

Family Governance

Family Financial Education

Regular family meetings Written family mission statement Financial literacy training for children Involve children in charitable giving Transparent about family wealth Professional family counselor

Section 12: Alternative Investments & Concentrated Positions ADVANCED

Stock Options & Restricted Stock

Type	Shares/Units	Strike/Grant Price	Current Price	Vesting Date	Expiration

Alternative Investments

Investment Type	Description	Current Value	Liquidity	Expected Return

Concentrated Stock Position

Do you have any single stock position that represents more than 10% of net worth?

If yes, what is your diversification strategy?

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