Task Group 008 Fewshot Attempt 02

Private Wealth Advisory JSON SOP

Workflow

1. Read only the task prompt, request memo, and answer_template.json supplied for the current task. Extract client_id, planning horizon, engagement type, required top-level keys, enum values, and date/rounding requirements.
2. Query the API, starting with /api/health, /api/clients/<client_id>, /api/source-documents?client_id=<client_id>, and /api/policies/tax. Add /api/rmd-factors for Roth/RMD work, /api/retirement-accounts?client_id=<client_id> for retirement work, /api/life-insurance?client_id=<client_id> for ILIT work, and /api/trust-candidates?client_id=<client_id> for GRAT/CRAT work.
3. Build a normalized facts sheet before calculating: controlling profile facts, account facts, insurance facts, trust candidate facts, policy constants, and the output field map.
4. Calculate with full precision, then round final USD outputs to cents. Return JSON only, with JSON numbers and booleans, not strings.
5. Set task_id from the task split and number, such as train_### or test_###, and set client_id to the stable client identifier.

Prefer the JSON API endpoints over the portal page. Use /api/clients?search= only when the prompt does not provide a usable client ID.

Source Resolution

Resolve conflicts by fact type, not by whichever endpoint was read first.

• Profile facts: prefer SIGNED_PROFILE, then ATTORNEY_MEMO, then CUSTODIAN_EXPORT, then CRM_NOTE, then STALE_MARKETING_INTAKE.
• Retirement balances and return assumptions: use /api/retirement-accounts and report CUSTODIAN_EXPORT for controlling account source when the template asks.
• Insurance facts: use /api/life-insurance for policy economics and dates. For template source fields, report the highest-precedence planning document that controls the policy/beneficiary facts, usually SIGNED_PROFILE unless attorney records are the only current authority.
• Trust candidate economics: use /api/trust-candidates. When the template asks for the asset source, these planning assets are usually attorney-driven; use ATTORNEY_MEMO unless a higher-precedence source explicitly controls the asset facts.
• Goals such as family transfer priority and philanthropic intent: prefer current signed profile facts over older CRM notes, even if the older source has a stronger stated preference.

Echo the chosen source type in the matching source_resolution field. Do not use stale CRM or marketing intake values when a signed profile or attorney memo supplies the same fact.

Output Families

Choose the output family from analysis_type and the required keys in answer_template.json.

• roth_conversion_rmd: recommendation, conversion_plan, rmd_projection, legacy_projection, source_resolution.
• ilit_crummey_implementation: recommendation, gift_plan, administration, estate_result, source_resolution.
• trust_comparison: recommendation, estate_context, grat, crat, source_resolution.
• estate_liquidity_action_plan: recommendation, estate_context, ilit, trust_transfer, action_set, source_resolution.

For estate-context outputs, include the requested fields and, when useful for parity with this task family, planning_year, exemption_used, and liquid_assets_available.

Roth Conversion And RMD Rules

Use the signed profile for annual_non_ira_income, marginal_tax_rate, filing_status, age, and planning_year. Use the custodian retirement account for balances, expected return, RMD start age, and recommended conversion years.

Core formulas:

• first_rmd_year = planning_year + (rmd_start_age - age).
• annual_conversion_amount = max(conversion_bracket_targets[filing_status] - annual_non_ira_income, 0).
• conversion_years = recommended_conversion_years.
• conversion_years_positive = conversion_years when the annual conversion amount is positive, otherwise 0.
• total_converted is the sum of actual scheduled conversions. Cap a year's conversion at the remaining traditional balance if necessary.
• total_conversion_tax = total_converted * marginal_tax_rate.

Projection convention:

1. Baseline scenario starts with the traditional IRA balance and no conversions.
2. For each year from planning year through horizon, compute age for that year.
3. If age is at least RMD start age, calculate rmd = opening_traditional_balance / rmd_factor[age], add rmd * marginal_tax_rate to the scenario RMD tax, and subtract the RMD from traditional balance.
4. Apply annual growth to the remaining traditional balance after any RMD.

Conversion scenario:

1. Start with traditional and Roth custodian balances.
2. At the start of each scheduled conversion year, move the annual conversion amount from traditional to Roth.
3. If an RMD is due in that same year, compute it from the post-conversion traditional balance, subtract it, and tax it.
4. Apply the account expected return to both ending traditional and Roth balances.

Then set:

• baseline_rmd_tax_through_horizon from the baseline scenario.
• conversion_rmd_tax_through_horizon from the conversion scenario, excluding conversion taxes.
• rmd_tax_savings_through_horizon = baseline_rmd_tax_through_horizon - conversion_rmd_tax_through_horizon.
• projected_roth_balance_horizon and projected_traditional_balance_horizon from the conversion scenario ending balances.
• heir_tax_profile to MOSTLY_TAX_FREE when traditional assets are essentially depleted, MOSTLY_TAXABLE when Roth assets are negligible, otherwise MIXED_TAXABLE_AND_TAX_FREE.

Recommendation defaults: positive bracket room with sufficient liquidity supports STAGED_ROTH_CONVERSION, SUITABLE, and TAX_BRACKET_MANAGEMENT. Use LIQUIDITY_CONSTRAINT when conversion tax cannot plausibly be paid from liquid assets; use RMD_NEAR_TERM only when the template facts make near-term RMD timing the main risk rather than bracket management.

ILIT Crummey Rules

Use the policy annual gift exclusion for the planning year and the controlling beneficiary count.

• annual_exclusion_capacity = annual_exclusion_per_beneficiary * beneficiary_count.
• premium_gap = max(annual_premium - annual_exclusion_capacity, 0).
• notices_required = beneficiary_count.
• contribution_date = planned_contribution_date.
• notice_due_date = contribution_date + 7 calendar days.
• withdrawal_window_end = notice_due_date + 30 calendar days.
• earliest_premium_payment_date = withdrawal_window_end + 1 calendar day.
• dedicated_bank_account_required = true for ILIT funding administration.
• tax_liquidity_support = death_benefit * estate_tax_rate.

Risk flags:

• No gap and no existing-policy transfer: LOW_IF_FORMALITIES_MET.
• Premium exceeds exclusion capacity: EXCLUSION_SHORTFALL.
• Existing policy transfer: THREE_YEAR_LOOKBACK.
• Both: THREE_YEAR_LOOKBACK_AND_EXCLUSION_SHORTFALL.

Recommendation mapping:

• Low risk: FUND_WITH_CRUMMEY_NOTICES, SUITABLE_WITH_ADMINISTRATION.
• Exclusion shortfall only: USE_LIFETIME_EXEMPTION_FOR_SHORTFALL; suitability is usually BORDERLINE unless liquidity and exemption facts are clearly comfortable.
• Three-year lookback only: USE_NEW_POLICY_OR_ACCEPT_LOOKBACK.
• Both lookback and shortfall: DISCLOSE_LOOKBACK_AND_USE_EXEMPTION.

For projected_outside_estate_if_implemented, use the death benefit for a properly implemented new ILIT policy. If the case is an existing-policy transfer and the chosen action accepts lookback risk, treat outside-estate status as conditional until the lookback clears.

GRAT, CRAT, And Estate Context Rules

Use policy constants for estate exemption, estate tax rate, CRAT maximum term, and charitable deduction rate.

Estate context:

• Double the estate tax exemption for married/MFJ households; otherwise use one exemption.
• taxable_estate = max(estate_value - exemption_used, 0).
• estate_tax_exposure = taxable_estate * estate_tax_rate.
• liquidity_gap_before_planning = max(estate_tax_exposure - liquid_assets, 0).

GRAT:

• term_years = grat_term_years.
• projected_remainder_to_heirs = asset_value * (1 + expected_growth_rate) ^ grat_term_years - asset_value * grat_annuity_rate * grat_term_years.
• estimated_estate_tax_reduction = projected_remainder_to_heirs * estate_tax_rate.
• mortality_inclusion_risk = TERM_SURVIVAL_REQUIRED.

CRAT:

• term_years = min(crat_term_years, max_crat_term_years).
• projected_charitable_remainder = asset_value * (1 + expected_growth_rate) ^ term_years - asset_value * crat_payout_rate * term_years.
• estimated_income_tax_deduction = projected_charitable_remainder * charitable_deduction_rate.
• family_transfer_fit is LOW when family transfer is the dominant goal, HIGH when philanthropy dominates, otherwise MODERATE.

Recommendation:

• Prefer GRAT with CHILDREN_TRANSFER_PRIORITY and SECONDARY_CHARITABLE_TOOL when family transfer priority dominates.
• Prefer CRAT with PHILANTHROPIC_PRIORITY and SECONDARY_FAMILY_TRANSFER_TOOL when philanthropy dominates.

Combined Estate Liquidity Plans

Calculate estate context, ILIT, and trust transfer using the rules above. For family-transfer cases with viable ILIT administration and a strong GRAT result, use COMBINE_ILIT_AND_GRAT and sequence ILIT_FIRST_THEN_GRAT. For philanthropic cases, consider CRAT_WITH_LIQUIDITY_REVIEW and sequence TRUST_DECISION_FIRST. For ILIT cases with exemption or lookback issues, use ILIT_WITH_EXEMPTION_REVIEW and sequence ILIT_FIRST_THEN_ATTORNEY_REVIEW.

Build action_set from applicable enum actions and sort alphabetically:

• Include ATTORNEY_DRAFT_REVIEW for attorney coordination or trust implementation.
• Include ILIT_CRUMMEY_NOTICE_CYCLE when funding an ILIT with notices.
• Include GRAT_FOR_APPRECIATING_SHARES or CRAT_FOR_CHARITABLE_REMAINDER based on preferred trust strategy.
• Include LIFETIME_EXEMPTION_ALLOCATION when premium gap or lookback/shortfall facts require exemption use.

Common Pitfalls

• Do not inspect hidden environment, evaluation, rubric, or test-answer files. Use only the task inputs and allowed API.
• Do not return explanatory prose or Markdown around the JSON.
• Do not turn numbers, booleans, or dates into the wrong JSON types.
• Do not include conversion taxes in RMD tax savings; total_conversion_tax is separate.
• Do not apply real-world RMD/conversion ordering if it conflicts with this task family; scheduled conversions are applied before same-year RMD calculations in the conversion scenario.
• Do not forget existing Roth balances when projecting Roth legacy values.
• Do not use single exemption for married/MFJ estate cases.
• Do not pay ILIT premiums before the withdrawal window closes.
• Do not leave action_set unsorted.
• Do not hardcode policy constants; fetch /api/policies/tax and /api/rmd-factors each run.