White Water Rafting: River Classification System

whitewater rafting


Since 1997, private wealth advisor Henry E. Vail II has jointly owned and operated Sucré-Vail Wealth Advisors in Houston, Texas. The award winning professional has helped affluent families with estate planning and more for over 20 years, and is a Notary Public in the State of Texas. In his spare time, Henry Vail II enjoys whitewater rafting.

Whitewater rafting is a sport that provides the thrill of speed to participants. Rivers are categorized according to the level of difficulty and overall danger of the run. Beginners are typically most comfortable with Class I or Class II. Class I (Easy) rivers feature fast moving water with small waves and easily visible obstructions. Children who can swim may enjoy rafting with their families in these waters. Class II (Novice) rivers have medium sized waves and rocks, and are easy to maneuver. The risk of injury is very low, and self-rescue is easy.

Intermediate rafters can test their skills on Class III and Class IV rivers. Class III (Intermediate) water provides moderate waves in irregular patterns. Good control and practiced maneuvers are required. Self-rescue is still attainable. Class IV (Advanced) rivers are characterized by predictable but intense, powerful water that calls for precise raft handling. Trained group rescue becomes necessary in Class IV runs.

Experienced, well-trained rafters who are looking for a challenge can test their skills on the most advanced runs. Class V (Expert) waters are characterized by demanding, violent water with rapids running for long stretches. Top physical condition is required for the strength and stamina needed to navigate, and even group rescue becomes difficult. Class VI (Extreme/Exploratory) runs are the most extreme of all. Rescue may not be possible. These dangerous, unpredictable, and difficult rivers are rarely attempted.

How Liability Audits Protect Businesses

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Sucre-Vail Wealth Advisors
Image: sucrevailwa.com

 Henry E. Vail II is a wealth advisor at Sucre-Vail Wealth Advisors. Based in Houston, Texas, Henry Vail II offers his clients in the medical field financial services including wealth management, private banking, and liability audits.

The business environment is prone to catalytic changes, from changes in the governing legislation to technological disruptions. These changes expose businesses to liability lawsuits. Liability audits are essential to determining the extent of this risk.

These audits are conducted by insurance companies or financial agencies on the profit statements of policyholders to determine whether they express an accurate picture of the business’ exposure to lawsuits. While these audits do not reveal details about a company’s valuation, they establish the extent to which the company is protected from claims and if more coverage is necessary.

In conducting a liability audit, an auditor evaluates the company’s payroll, specifically federal payroll tax returns, and income statements. Afterwards, the auditor looks at the overall employee expenses and the classification of employees to allocate liability exposure with job duties. This reveals the jobs categories carrying the most liability risk.

The major benefit of this audit is that it notifies business owners of their exposure to lawsuits and the adequate steps to take in order to cover themselves adequately.

Tips for Estate Planning

Wealth advising specialist Henry E. Vail II operates as a partner at Sucre-Vail Wealth Advisors in Houston, Texas. A member of the Financial Planning Association, Henry Vail II provides a wide variety of client services, including estate planning strategies.

Nearly half of Americans do not have a current estate plan to ensure their assets go to the right people after they pass away. Throughout your life, there are several ways that you can successfully manage your estate and the eventual division of your assets.

Hire Professionals to Help You
If you don’t know where to start when looking to manage your estate, you can enlist the help of professionals from the financial sector. Advisors, tax specialists, and estate planners can all help you oversee wills and investment portfolios. Before hiring any of these professionals, consult with them to assess how they can best serve your needs.

Create a Will
A will provides you with legally binding assurance that your assets will go to the correct people or organizations. As well as finances and property, wills dictate who will receive your possessions or look after your children. Without a will, state laws will dictate where your assets go after your lifetime.

Minimize Estate Taxes Sooner rather than Later
You can curb any future taxes or estate charges by giving monetary gifts throughout your life. Each year, you can give tax-exempt gifts of up to $13,000 to a varying number of beneficiaries. You can also leave your taxable assets to nonprofit organizations and all other possessions and funds to additional recipients.

The Financial Planning Association’s Annual Financial Planning Week

An accomplished financial professional with Sucre-Vail Wealth Advisors in Houston, Henry E. Vail II has received multiple accolades for his work over the years, including being selected a 2011 Five Star Professional Wealth Manager by Texas Monthly Magazine. Throughout his career, Henry Vail II has worked to enhance his knowledge and skills by remaining active in organizations like the Financial Planning Association (FPA).

In its efforts to raise public awareness of the financial planning profession and the issues affecting the financial planning process, FPA oversees a variety of programs and activities aimed at advocacy and education. As part of this work, FPA chapters from across the country come together each fall to celebrate the organization’s Financial Planning Week.

FPA members nationwide commemorate Financial Planning Week by building awareness through educational seminars, hotlines, and media interviews. Now in its 14th year, the FPA’s 2015 Financial Planning Week will be observed October 5-9. For information about local Financial Planning Week events in your area, visit http://www.onefpa.org.

FPA Survey Shows Advisors Increasingly Using ETFs

For nearly 20 years, private wealth advisor Henry E. Vail II has helped lead Sucre-Vail Wealth Advisors, an award-winning financial advisory firm in Houston that works primarily with physicians. Henry Vail II remains involved in his field as a member of the Financial Planning Association (FPA).

In a recent press release, the FPA announced that the 2015 Trends in Investing Survey found that the use of Exchange-Traded Funds (ETFs), an investment tool that advisors recommend and utilize, has continued to increase among advisors since 2006. The survey also showed that ETFs are now more popular than mutual funds and have become the preferred investment tool for advisors. In 2015, 81 percent of the surveyed advisors reported recommending or employing EFTs for their clients, which represents a more than 40 percent increase of ETF use since 2006.

Conducted by the FPA Research and Practice Institute and the Journal of Financial Planning, the 2015 Trends in Investing Survey secured 303 online responses from financial advisors with different backgrounds. More than half of the respondents also noted that they plan to increase their ETF use throughout the next year.

Becoming a Foster Parent through the Devereux Foundation

Henry E. Vail II, of Sucré-Vail Wealth Advisors in Houston, Texas, offers clients in-depth information on such matters as insurance analysis, tax planning, and trust and estate services. Henry Vail II is also involved in charitable organizations such as the Devereux Foundation, where he sits on the advisory board and assists with fundraising.

The Devereux Foundation is a nonprofit nationwide organization for persons with behavioral, psychiatric, and emotional problems. Currently, the Texas chapter of the foundation seeks foster parents for children under 18.

When screening foster parents, Devereux looks for healthy, responsible adults 21 and over with at least a high school diploma or GED, and who have been married, divorced, or widowed for one year or more. United States citizenship is a must, as is a history free of criminal activity and child abuse. Prospective parents must also possess auto and home insurance, reliable transportation, and a driver’s license. They need to have a spare bedroom large enough for a child.

In addition to these legal requirements, potential foster parents should not use physical discipline and must instead create a loving and supportive atmosphere.