FAQs: Tax Prep

Astrology financial planning combines traditional financial strategies with astrological insights. By analyzing your natal chart and planetary transits, we can identify key opportunities, challenges, and optimal times for financial decisions like investing, saving, and budgeting. This holistic approach helps align your financial life with cosmic cycles to maximize your success.

Astrology offers personalized insights into your money habits, financial challenges, and strengths by analyzing planets such as Venus (wealth), Jupiter (expansion), and Saturn (discipline). For example:

• Timing investments: Astrological transits can help determine the best times to make significant financial moves.
• Identifying opportunities: Certain planetary alignments can highlight periods when wealth-building opportunities are more likely to occur.
• Managing financial risk: Astrology can show when you might face financial challenges, helping you plan and avoid risky decisions

The frequency depends on your needs and goals. We recommend consulting during key financial moments such as:

• Annual financial planning
• Before making large investments
• When starting a new business
• During significant astrological transits (e.g., Saturn returns, Jupiter transits your 2nd house of income)Regular consultations can help you stay aligned with both your financial goals and astrological influences.

A trust is a legal arrangement where one party (the grantor) transfers assets to another party (the trustee) to hold and manage for the benefit of a third party (the beneficiary). Trusts are often used for estate planning, asset protection, and tax optimization.

The cost of setting up a trust varies depending on the complexity of the trust, the assets involved, and the professional services required. Initial costs can include attorney fees for drafting the trust documents, while ongoing trust management fees depend on the services provided by the trustee. At Ekuse Ire Financial, we offer competitive pricing for trust management services and will provide you with a clear breakdown of costs during your consultation.

While both a trust and a will are estate planning tools, they differ in important ways:

• A will only takes effect after death and must go through probate, a court-supervised process that can be lengthy and costly.
• A trust can take effect during your lifetime and allows for the direct transfer of assets to beneficiaries without probate.
• Trusts offer more privacy, as they do not become part of public records like wills do in the probate process. For many clients, combining both a will and a trust ensures comprehensive estate planning.

Determining whether a trust is appropriate for your situation depends on your financial goals, estate size, family dynamics, and long-term planning needs. If you:

• Want to avoid probate
• Need asset protection for yourself or beneficiaries
• Desire tax efficiency
• Have complex estate planning needs…a trust may be a suitable solution. Our team at Ekuse Ire Financial will help assess your needs and recommend the best estate planning tools for your situation.

To get started with setting up a trust:

1. Schedule a consultation with Ekuse Ire Financial to discuss your estate planning needs and goals.
2. Provide information about your assets, beneficiaries, and preferences for asset management.
3. We will work with you and your attorney to draft a comprehensive trust agreement that meets your objectives.
4. Once the trust is established, we’ll help manage it, ensuring your assets are protected and distributed according to your wishes

Credit restoration is the process of improving your credit score by addressing inaccurate, outdated, or negative information on your credit report. It involves disputing errors, negotiating with creditors, and implementing strategies to raise your credit score over time.

• Reviewing your credit reports: We obtain reports from all three major credit bureaus (Experian, Equifax, and TransUnion).
• Identifying inaccuracies or negative items: These may include late payments, charge-offs, collections, or incorrect personal information.
• Disputing inaccurate information: We work on your behalf to challenge errors and have them removed or corrected.
• Providing personalized advice: We offer strategies to improve your credit score, including paying down debt, managing credit utilization, and establishing positive credit history.

The time required to restore credit varies depending on your situation. Typically, credit improvement can take anywhere from a few months to a year. Some items may be removed within 30 to 90 days, while more complex cases may require additional time. 

Business credit funding is the process of securing financing for your business through credit lines, loans, or other financial products. It involves building a solid business credit profile, which is separate from your personal credit, to help your business qualify for funding and favorable terms.

Business credit is tied to your company’s EIN, while personal credit is linked to your Social Security number. This separation allows business owners to build credit for their company independently from their personal credit score. Business credit typically focuses on financial behaviors like vendor payments and business loan repayment.

While good personal credit can help when starting out, once your business credit profile is established, you can qualify for funding based on your business’s creditworthiness. This means separating your personal finances from your business and building a solid business credit history.

Yes, new businesses can still qualify for credit funding, but the process may require a stronger personal guarantee or personal credit history initially. We help new business owners build credit quickly and apply for smaller credit lines or business credit cards to establish credit. Over time, your business credit will grow independently.

A tradeline is a credit account that appears on your credit report, detailing the credit limit, payment history, and other account details. Tradelines can significantly impact your credit score and profile.

Our program focuses on creating tradelines through collateralization. We create short term tradelines, for a long term positive impact. 

This program is designed for individuals looking to build or rebuild their credit profiles. Whether you're starting fresh or working to improve your creditworthiness after financial setbacks, our program can assist you.

Results can vary by individual, but many clients begin to see improvements in their credit scores within 30 to 60 days after the tradeline is created and reported to credit bureaus. 

There is no minimum credit score requirement to enroll in the Ekuse Ire Tradeline Creation Program. We work with clients at various stages of their credit journeys