Welcome to Southern Trust FInancial Services
Enjoy a worry-free retirement.
At STFS, I deal with advanced strategies to achieve client's goals.
I have been providing meaningful solutions to achieve clients’ goals for over two and half decades.
The main focus is to look out for the best interest of my clients’ and propose meaningful solutions using 21st century strategies.
I practice my business with Integrity, Knowledge, and Respect. In today’s changing economic climate, one needs to adopt, be technology savvy, and guide clients in the correct path for economic stability.
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Our Financial Services
What we do for clients at Southern trust financial services
Retirement Income
Creating an income plan to last throughout retirement is perhaps the single most important challenge retirees will face. It’s very likely to spend 30 years or more living in retirement without earned income.
We create a customized retirement income plan, encompassing all sources of income, for each one of our clients and no two plans are exactly alike.
Let us get to work on a plan for you.
Asset Protection
Retirement doesn’t mean that it’s time to stop growing. Same holds true for your money. It should mean, however, that it’s time to stop taking unnecessary risk.
We specialize in helping retirees protect their retirement assets while continuing to move forward.
Family Legacy Planning
Many of our clients want to leave a legacy for their children and grandchildren and are shocked to learn how easy it is to double, even triple their inheritance – tax-free and guaranteed!
We also work with our clients and help them embrace their own mortality and be prepared for the loss of a spouse and the income burdens this can often create.
Long-Term Care Solutions
Long-term care/extended care costs have gone up substantially in the last 10 years. Unfortunately, the statistics are not in our favor, a plan to address these costs should be included in every retirement strategy.
The good news is we work with hybrid insurance plans that leverage your dollar in case you need it for extended care, but remain 100% accessible for withdrawal if you don’t.
Qualified Plan Rollovers
Changing jobs and retiring are two transition times in our lives that can be stressful. Fortunately, we work with people every day who are in the same situation and looking to take control of an employer-sponsored plan or just need help transferring the money to another employer plan. We make a seemingly daunting task easy and are happy to help you with your qualified plan questions and needs.
Here are four things you can do with the money in your employer sponsored retirement plan:
Leave the money where it is
Take the cash (and pay taxes, plus a 10% tax penalty if you are younger than age 59 ½)
Transfer the money to another employer-sponsored plan (if the plan allows)
Roll the money over to a self-directed IRA
Let us help you determine if a rollover is the right move for you!
Products
Personal Insurance & Protection
Life Insurance
Disability Insurance
Long-Term Care Planning
Medicare Supplements
Retirement & Income Planning
Guaranteed Income for Life
Tax-Free Retirement Strategies
Asset Maximization
Retirement Planning
Wealth Transfer & Legacy
Estate Planning & Document Review
Legacy Planning
Charitable Giving
Life Settlements
Advanced & Tax Strategies
Tax Mitigation
Premium Financing
Infinite Banking Concept
College Planning
Reducing or eliminating taxes on Capital Gains
Business Owner
Solutions
Business Lifecycle Planning
Buy-Sell Agreements
Business Succession Planning
Key Person Insurance
Supplemental Executive Retirement Plans (SERPs)
Executive Bonus Plans
Split-Dollar Arrangements
Deferred Compensation
412(e)(3) Plans
Asset Protection
Capital Asset Risk Management
Income Tax Planning
Income Protection
About Us
Sal Abey
DMS, PRESIDENT OF STFS
My business was built placing an emphasis on honesty. My client’s trust and respect is very important to me and I need to earn that! I educate my clients with important facts in order for them to make the most informed decision when it comes to planning their future. The main focus of my business is to look out for the best interest of my clients and guide them to financial stability. I practice my business with Integrity, Knowledge and Respect. I remain open minded to learning new strategies in order to better my clients financial position. One of my main goals is to educate and promote “Individual Empowerment” through education.
I am a facilitator and my job allows me to help people achieve their financial dreams. I am very passionate about what I do, and am very proud to be an insurance professional.
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I was born in Sri Lanka and later moved to the United Kingdom for higher education. I studied at Kingston University in England and earned my Bachelors and Masters Degrees in Business Studies.
After graduation, I held a major post with the British Government in charge of Oil and Income Tax Models. I gained much of my financial services experience in England while owning my own agency and managing a significant number of agents nationally. After moving to Sarasota, Florida in 2004, I served as an agent for a major insurance company. I experienced great success by joining the “President’s Club” in less than one year, becoming the company’s number one agent in the nation, and receiving several company awards. Drawing from my experience and knowledge, I started my own insurance agency.
I have old fashioned values and place a lot of emphasis on ethics, standards, and morals. I believe that the more educated a client is about financial and retirement planning, the better decisions they will make about their financial future. Understanding financial concepts and money management can be intimidating, but it doesn’t need to be. I believe in providing strategies that are easy to understand and more importantly, easy to execute, so that my clients can begin securing their financial future today! One of the things I enjoy most about my work is being able to execute a plan of action for the clients that ensures they can enjoy their future according to their needs and their financial plan.
