Schreck Financial Group LLC, Wichita KS, Specializing in Insurance Protection, Wealth Accumulation, Retirement Planning, Estate Planning for individuals and businesses in Kansas

Schreck Financial Group was founded by Don Schreck and is a family owned, independent financial services firm that has been serving Kansans since 1957.  Now in the third generation of family leadership, we continue to uphold our reputation for integrity, excellent service, and professional expertise. Schreck Financial Group LLC has been implementing wealth accumulation, protection, and distribution strategies for area business owners and executives, medical professionals and their practices, and thousands of Kansans near and in retirement for over 50 years.

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Loan Payoff

How much will it cost to pay off a loan over its lifetime?

Home Affordability

Estimate of the maximum amount of financing you can expect to get when you begin house hunting.

Mortgage Refinancing

Determine whether you should consider refinancing your mortgage.

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Help Chart the Future of Your Family Business

The transition from one generation to the next is considered to be one of the biggest risks to the survival of a family-owned business. A thoughtful succession strategy not only outlines when and how ownership should be transferred but also takes tax implications, family relationships, and other sensitive issues into account.

Tips for Surviving the Estate Tax

The federal estate tax was reinstated retroactively to January 1, 2010, by the 2010 Tax Relief Act. However, the favorable provisions are scheduled to expire at the end of 2012, when estates exceeding $1 million could be subject to the federal levy.

Is Your Business Ready for a Structure Change

Periodically, business owners may want to reconsider whether their current business structure is meeting the needs of their companies. For business owners seeking to expand their operations and reduce their exposure to risk, a popular entity has been the limited liability company. This article describes some additional benefits associated with LLCs.

Leaving Your Home Out of the Retirement Equation

Plummeting home prices and increased borrowing cut U.S. home equity by more than 60% during the Great Recession — and housing prices have not yet recovered. This article considers the potential drawbacks of depending on home equity to help fund retirement.

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