Certified Financial Planners

Now that you have won a settlement, what do you do?

William Muhr, LLP works closely with Legacy Wealth Management and other highly reputable and successful investors. Legacy Wealth Management offers a vast array of products and services augmented by a professional network of Tax & Estate planning experts as well as professional third-party money managers offering adaptive investment models that automatically adjust to changing market conditions.

Know your Options:

At the end of your case, regardless of the amount of settlement, you may wish to consult a financial advisor to explore your options for a guaranteed structured settlement. Should you take a lump sum or a structured settlement? What are the income & Estate Tax consequences of your decision? What would be the most appropriate investment strategies for your personal objectives?

Before you decide to accept your payment in a lump sum or monthly income, you must know the true value of the offer. For example if you were offered $1,000.00 guaranteed per month for the rest of your life instead of a lump sum payment of $1 million, would that be a good and reasonable offer? This structured payment offer probably would not be a good offer. What if you were offered $3,000 per month guaranteed over your life time instead of a lump sum payment of $1 million? Of course that would be a much better offer, but how do you know if that is really a good and reasonable offer? That is where the Time Value of Money would come in. Based on various mathematical scenarios, Legacy Wealth Management can help you determine what a good offer might look like.

As a Certified Financial Planning Practitioner, our certified financial planning consultants can help you analyze and understand the time value of your money and help you to explore various options, including tax considerations and retirement planning, to determine what would be the best course for you.

If you are interested in this advice, let us know and we will arrange a personal, no-cost consultation with a Certified Financial Planner to determine how to best invest your settlement proceeds in guaranteed plans unique to your personal needs.

Securities offered through Securities America, Inc. Member FINRA/SIPC, James M. Thomas, Registered Representative. Advisory services offered through Securities America Advisors, Inc., James M. Thomas, Investment Advisor Representative. Legacy Wealth Management and Securities America are independent companies. “This should not be construed as a testimonial, and neither imply any endorsement of Legacy Wealth Management, Inc, by William Muhr LLP; nor be construed as any one client’s endorsement, evaluation, or indicative of any one client’s (past or future) performance.”