Personal Risk Profile

Do you know your Personal level of RISK? There are tens of thousands of claims made and lawsuits filed, perhaps millions, each year. You can lose all you own in a single lawsuit if you gamble and lose the lawsuit lottery…

Both the activities you do and the kind of assets you own can create risk.
- Do you engage in activities that create risk?
- Do you own assets that create risk?
How exposed are your assets to a lawsuit or creditor claim?

Most people don’t really know how much risk they face… so we created a tool to help you easily determine your level of risk from the privacy of your own home. Completing your own PERSONAL RISK PROFILE (PRP) take just a few minutes and is free. Your score will give you a better idea of your level of exposure so you can plan to reduce your risk.

Here are the FOUR CATEGORIES of questions…organized by color…with a series of questions. Answer by completing the form or by circling the response that best identifies how you “feel” about your own situation.

Are your assets protected against creditors and predators?
Are your income taxes higher than necessary?
Do you have the right insurance coverage with optimal premiums and deductions?
Will the right things happen if you retire, become incapacitated, or you die?

Let’s get started…

Personal Risk Profile

Date*
MM slash DD slash YYYY
Name*
First Last
Email Address (so we can send you our insights and thoughts based on your results)*
CATEGORY 1: Are Your Assets Protected Against Creditors and Predators? (does your planning make it difficult or impossible for a claim to proceed or to be collected?)
1) Rate your present knowledge of asset protection and your ability to plan around the threats of asset loss. RATING: 1= Awesome; 2 = Average; 3 = Poor*
Please enter a number from 1 to 3.
2) How effectively have you separated your assets into various legal ownership structures based on the risks they carry? RATING: 1 = Awesome; 2 = Average; 3 = Poor*
Please enter a number from 1 to 3.
3) To what extent are the ownership structures, in which you hold assets in legal and operational compliance with all state and federal regulations? RATING: 1 = Awesome; 2 = Average; 3 = Poor*
Please enter a number from 1 to 3.
4) How would you rate your effectiveness in keeping asset acquisitions/disposals and cash transactions separate between your ownership structures and the assets within those ownership structures? RATING: 1 = Awesome; 2 = Average; 3 = Poor*
Please enter a number from 1 to 3.
5) How would you evaluate the extent to which all your assets have been properly titled and legally transferred to the right ownership structures? RATING: 1 = Awesome; 2 = Average; 3 = Poor*
Please enter a number from 1 to 3.
6) How would you rate your present understanding of the types of protection offered by types of entity structures such as corporations, partnerships, LLCs and sole proprietorships? RATING 1 = Awesome; 2 = Average; 3 = Poor*
Please enter a number less than or equal to 13.
RESULTS for CATEGORY 1
CATEGORY 2: Are Your Income Taxes Higher than Necessary? (does your planning minimize or eliminate income tax, one of life’s largest costs?)
1) To what extent are you paying less than 25%(Score as 1), about 25% (Score as 2), more than 25% in State and Federal Income Tax (Score as 3)?*
Please enter a number from 1 to 3.
2) Are you annually using planned gifting to reduce your overall Federal Income Tax Amount (Score as 1) extensively, (Score as 2) moderately, (Score as 3) not at all?*
Please enter a number from 1 to 3.
3) Is your estate value under $3 Million (Score 1), between $3 - $7 Million (Score 2), above $7 Million (Score 3)?*
Please enter a number from 1 to 3.
4) Have you created special-purpose trusts to help lower your estate tax exposure (1) extensively, (2) moderately, (3) not at all?*
Please enter a number from 1 to 3.
5) Have you extensively (Score 1), moderately (Score 2), not at all (Score 3), matched your ownership structures with your assets for the purpose of reducing your income, employment and estate taxes?*
Please enter a number from 1 to 3.
RESULTS for Category 2
CATEGORY 3: Do You Have the Right Insurance Coverage? (are you covering the correct risks, with the best mix of premiums and deductions to leverage your coverage?)
1) How well do you know the specifics of each of your insurance policies, including the owner beneficiaries, purpose, amount, exclusions, deductibles and duration? (1 = Very Well; 2 = Somewhat; 3 = Minimal/Not Well)*
Please enter a number from 1 to 3.
2) How well do you understand the specific risks your insurance policies cover? (1 = Very Well; 2 = Somewhat; 3 = Minimal/Not Well)*
Please enter a number from 1 to 3.
3) How well do you understand the risks your insurance policies do not cover and the policy exclusions? (1 = Very Well; 2 = Somewhat; 3 = Minimal/Not Well)*
Please enter a number from 1 to 3.
4) How would you rate the frequency with which you check the competitive performance, stability and cost of your insurance policies? (1 = Often; 2 = Occasionally; 3 = Rarely)*
Please enter a number from 1 to 3.
5) How would you rate your overall individual capability for insurance evaluation and purchasing? (1 = Very Well; 2 = Somewhat; 3 = Minimal/Not Well)*
Please enter a number from 1 to 3.
RESULTS for CATEGORY 3
CATEGORY 4: Will the Right Things Happen If You Become Incapacitated or Die? (does your written estate plan correctly set forth who is in charge of your affairs during life until death, who is to be in control, and precisely what you desire to have happen upon your retirement, disability or death?)
1) How protected is your estate from guardianships or probate? (1 = Very Well; 2 = Somewhat; 3 = Minimal/Not Well)*
Please enter a number from 1 to 3.
2) How would you rate your wills and trusts in terms of them being current and up to date with current State and Federal laws? (1 = All Current/Up to date; 2 = Some updated; 3 = Need updating*
Please enter a number from 1 to 3.
3) To what degree is your succession plan documented, agreed to and funded to provide a smooth transition upon retirement, disability or death? (1 = Very Well; 2 = Somewhat; 3 = Minimal/Not Well)*
Please enter a number from 1 to 3.
4) How confident are you that your beneficiaries and successors will receive the proper and timely distributions of your assets upon your death? (1 = Very Confident; 2 = Somewhat Confident; 3 = Not Sure)*
Please enter a number from 1 to 3.
5) To what degree do you know what the allocation of your estate assets will be to the IRS, State Department of Revenue, friends, family and /or charity? (1 = High Degree; 2 = Somewhat; 3 = Not Sure)*
Please enter a number from 1 to 3.
RESULTS for CATEGORY 4
PERSONAL RISK PROFILE - FINAL RISK SCORE

When you click SUBMIT, a copy of your Personal Risk Profile results will be sent directly to me. I will review these and give you back some of my insights, thoughts, and direction for what I would recommend you do next. This will be a more detailed analysis for you to review and help you decide what actions need to be taken and by when. You can take these to your attorney or schedule a meeting with me if you want to review them in more detail…the choice is always yours. Thank you for taking the time to better understand your current Risk Profile.