MasterPlan was created by highly competent,
experienced, and successful planners, accountants, and tax consultants.
Together they designed a superlative planning package providing accurate,
sophisticated, and practical calculations for either standalone or
Development continues, guided by an advisory board of distinguished
professionals from diverse backgrounds in the financial industry.
Coupled with feedback from all our loyal and enthusiastic users, this
makes MasterPlan's design eminently practical and responsive.
MasterPlan keeps track of all a client owns,
owes, earns, spends, and pays in taxes for the current year, for every
year to retirement, and beyond to life expectancy. MasterPlan can
analyze all major aspects of a client’s current and prospective
financial situation. MasterPlan's analytic capabilities include the
following (click on any of these areas to go to a more detailed description
on a separate page):
MasterPlan is truly integrated. You only have
to enter a data item once, and it flows throughout the system. Whenever
that data is needed, it is always accessible. MasterPlan orchestrates
the interactions of all elements of its data-base when calculating
For example, if you enter the property tax on
a rental property, MasterPlan adjusts cash flow for the cost, adjusts
income taxes for the write-off, and calculates the property's investment
return based on the client's tax bracket (which can be automatically
calculated). MasterPlan knows when passive losses can be applied,
according to the nature and amount of your client's income. These
calculations are provided by the entry of one asset!
MasterPlan produces an audit trail: It shows
the contributions of assets and liabilities to taxes, income,
net worth, cash flow, liquidity, and retirement plans, broken
down into several subcategories.
MasterPlan prints a statement of financial condition:
It analyzes net worth, and lists asset and liability totals
and detailed audit trails.
MasterPlan provides you with the tools you
need to provide the best service possible to the widest range of potential
clients—from those who are just starting out in their careers
to those with a high net worth and seemingly secure futures.
Suppose your clients want to know if they should
buy a house or continue to rent. Have they saved enough for retirement?
Should they invest in a program that offers tax credits? With MasterPlan,
you can focus on each client’s specific needs.
These needs determine which reports you present. Because MasterPlan
provides you with such a broad spectrum of planning functions, your
approach can be appropriately focused and also well balanced.
From our library of cleanly and elegantly formatted
reports, you can easily pick and choose those that will inspire your
clients to accept your recommendations. These reports vary from quick
summaries to detailed audit trails. They illustrate outcomes if your
clients continue on their "unadvised" course, or if they
follow your professional advice.