Our Services
QUALITY PRODUCTS FROM EXCEPTIONAL COMPANIES:
Financial Planning
We believe that life is more than a paycheck and our mission is to ease your worries and help you create a sound and stable financial strategy for your retirement.
As Part of The Legacy Wealth Management process, we'll help you create a retirement income plan that balances:
- Daily Living Expenses
- Budgeting for Luxuries & Quality of Life
- Planning your Social Security Benefits for Maximum Results (Social Security can add $1M to your retirement fund)
- Factoring in Pensions Withdrawal Strategies
- Factoring in both Expected & Unexpected Medical Expenses
- Planning for the Unexpected and the Inevitable
At Legacy Wealth Management, we focus on helping our clients find investment solutions that have proven track records of success.
We work with our clients to create investment strategies that are designed to manage their risks by taking advantage of known market trends, and leverage effective money managers. Our goal is to build family legacies, reduce income tax liabilities, and create a plan for each client to help ensure a fulfilling and financially worry-free retirement. Our philosophy is to focus on the preservation of wealth during both the accumulation and distribution stages of retirement planning. We provide each client with a clear road map as to how to achieve his or her individual financial goals.
In a fee-based financial planning relationship, we’ll work with you to create a plan tailored specifically to your unique situation, touching on all facets of your financial world. You are provided with a written, compressive plan, complete with customized recommendations and in-depth, thorough analysis. You’ll also have optional access to a client portal, which links all of your assets and liabilities in real-time, regardless of where they are. This allows you to see your entire financial picture in one place whenever you need to.
Did you know up to 85% of your Social Security can be taxed?
The good news is that, as a senior, you now have the great advantage of being able to control just how much taxable income you have each year. Through forward tax planning, we can help you plan your retirement and help you choose the right strategies and vehicles for getting the most out of your social security, pension, and investments. We will help you take advantage of your unique situation to help you make the most out of your retirement. Imagine if the next time you had a stock market loss or business loss you were able to convert that into tax-free retirement savings. Our goal is to help you maximize your retirement while minimizing your taxation using every rule in the book.
At Legacy Wealth Management you will work with a team of specialists who will help you prepare and execute an estate plan that is right for you and your beneficiaries.
One overlooked aspect of estate planning, other than avoiding taxes, is the fact that Insurance documents and other contracts may supersede the wishes you lay out in your will. Making sure all your beneficiary forms are in order, that you are transferring your assets in the most tax efficient manner, and that you have a continuity plan in place to ensure that your loved ones are taken care of while your estate is making its way through the courts, are all vital pieces of your plan. Give you and your loved ones the peace of mind that comes with knowing that you have a sound financial plan that takes care of them when the time comes.
We believe that life is more than a paycheck and our mission is to ease your worries and help you create a sound and stable financial strategy for your retirement.
As Part of The Legacy Wealth Management process, we'll help you create a retirement income plan that balances:
- Daily Living Expenses
- Budgeting for Luxuries & Quality of Life
- Planning your Social Security Benefits for Maximum Results (Social Security can add $1M to your retirement fund)
- Factoring in Pensions Withdrawal Strategies
- Factoring in both Expected & Unexpected Medical Expenses
- Planning for the Unexpected and the Inevitable
At Legacy Wealth Management, we focus on helping our clients find investment solutions that have proven track records of success.
We work with our clients to create investment strategies that are designed to manage their risks by taking advantage of known market trends, and leverage effective money managers. Our goal is to build family legacies, reduce income tax liabilities, and create a plan for each client to help ensure a fulfilling and financially worry-free retirement. Our philosophy is to focus on the preservation of wealth during both the accumulation and distribution stages of retirement planning. We provide each client with a clear road map as to how to achieve his or her individual financial goals.
In a fee-based financial planning relationship, we’ll work with you to create a plan tailored specifically to your unique situation, touching on all facets of your financial world. You are provided with a written, compressive plan, complete with customized recommendations and in-depth, thorough analysis. You’ll also have optional access to a client portal, which links all of your assets and liabilities in real-time, regardless of where they are. This allows you to see your entire financial picture in one place whenever you need to.
Did you know up to 85% of your Social Security can be taxed?
The good news is that, as a senior, you now have the great advantage of being able to control just how much taxable income you have each year. Through forward tax planning, we can help you plan your retirement and help you choose the right strategies and vehicles for getting the most out of your social security, pension, and investments. We will help you take advantage of your unique situation to help you make the most out of your retirement. Imagine if the next time you had a stock market loss or business loss you were able to convert that into tax-free retirement savings. Our goal is to help you maximize your retirement while minimizing your taxation using every rule in the book.
At Legacy Wealth Management you will work with a team of specialists who will help you prepare and execute an estate plan that is right for you and your beneficiaries.
One overlooked aspect of estate planning, other than avoiding taxes, is the fact that Insurance documents and other contracts may supersede the wishes you lay out in your will. Making sure all your beneficiary forms are in order, that you are transferring your assets in the most tax efficient manner, and that you have a continuity plan in place to ensure that your loved ones are taken care of while your estate is making its way through the courts, are all vital pieces of your plan. Give you and your loved ones the peace of mind that comes with knowing that you have a sound financial plan that takes care of them when the time comes.
Insurance Services
With the right life insurance coverage, we can be confident knowing that our loved ones will be able to live out their dreams, no matter what the future holds.
We do everything we can for our loved ones, not because we have to, but because we want to. If you're looking for affordable life insurance coverage for a specific period of time, term life insurance may be right for you. Permanent life insurance offers many different options and you can find the right guarantees, flexibility and cash value options to fit your needs.
No one plans to get sick or hurt, but most people need medical care at some point.
Health insurance covers these costs and offers many other important benefits. Health insurance protects you from unexpected, high medical costs. You pay less for covered, in-network health care and get free preventive care (like vaccines, screenings, and check-ups) even before you meet your deductible.
If you fall and break your arm, accident insurance could provide a one-time cash payment to help with co-pays you might incur for treatment.
If a broken arm meant that you could not work, you could file a claim for short-term disability benefits in order to begin receiving weekly replacement income. Although there is a distinct difference between the two types of coverage, they can certainly complement each other in the case of a covered injury.
Unlike traditional health insurance, long-term care insurance is designed to cover long-term services and support.
This includes personal and custodial care in a variety of settings such as your home, a community organization, or other facility. Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with activities of daily living such as bathing, dressing, or eating.
Critical Illness is an insurance product developed to help consumers cover expenses associated with critical illness.
This specialized insurance provides a lump-sum, tax-free payment should a policyholder suffer from certain specific critical conditions. Some 600,000 Americans now have this protection purchased on an individual basis or through a plan offered by their employer.
Personal property coverage is the type of insurance that can help protect the items in your home, like your furniture.
Your belongings are likely worth much more than you might think, and if they're damaged or lost, personal property coverage could help you cover the cost of replacing them. We can also help insure your car, motorcycle, boat, or recreational vehicle.
With the right life insurance coverage, we can be confident knowing that our loved ones will be able to live out their dreams, no matter what the future holds.
We do everything we can for our loved ones, not because we have to, but because we want to. If you're looking for affordable life insurance coverage for a specific period of time, term life insurance may be right for you. Permanent life insurance offers many different options and you can find the right guarantees, flexibility and cash value options to fit your needs.
No one plans to get sick or hurt, but most people need medical care at some point.
Health insurance covers these costs and offers many other important benefits. Health insurance protects you from unexpected, high medical costs. You pay less for covered, in-network health care and get free preventive care (like vaccines, screenings, and check-ups) even before you meet your deductible.
If you fall and break your arm, accident insurance could provide a one-time cash payment to help with co-pays you might incur for treatment.
If a broken arm meant that you could not work, you could file a claim for short-term disability benefits in order to begin receiving weekly replacement income. Although there is a distinct difference between the two types of coverage, they can certainly complement each other in the case of a covered injury.
Unlike traditional health insurance, long-term care insurance is designed to cover long-term services and support.
This includes personal and custodial care in a variety of settings such as your home, a community organization, or other facility. Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with activities of daily living such as bathing, dressing, or eating.
Critical Illness is an insurance product developed to help consumers cover expenses associated with critical illness.
This specialized insurance provides a lump-sum, tax-free payment should a policyholder suffer from certain specific critical conditions. Some 600,000 Americans now have this protection purchased on an individual basis or through a plan offered by their employer.
Personal property coverage is the type of insurance that can help protect the items in your home, like your furniture.
Your belongings are likely worth much more than you might think, and if they're damaged or lost, personal property coverage could help you cover the cost of replacing them. We can also help insure your car, motorcycle, boat, or recreational vehicle.
Business Services
Find out what your business is truly worth and start making better decisions for your company and its growth.
“98% of small business owners don’t know what their business is worth.” Not knowing your business worth can cost you thousands if not millions. It may also have a lasting effect on your employees as well. We help improve your business by looking at approx.: 20 Key performance indicators (KPI’s). We utilize your KPI’s to compare your organization performance with the norms for its industry. This can be extremely beneficial to the growth of your business
These programs offer employers a flexible way to reward and retain key employees.
Defined Benefit plans: also known as pension plans, which gives the participate a specified monthly benefit at retirement. Employers generally get a tax deduction for contributions to defined benefit plans. Great way to improve retention.
Defined Contribution plans: also known as 401(k) plans in which a certain amount or percentage of money is set aside each year by a company for the benefit of each of its employees.
Non-Qualified Deferred Compensation Plan: An excellent strategy for high income earners. NQDCs emerged because of the cap on contributions to government-sponsored retirement savings plans. NQDCs, therefore, are a way for high-income earners to defer the actual ownership of income and avoid income taxes on their earnings while enjoying tax-deferred investment growth.
For your business to succeed, you need to attract and retain top-notch talent.
We will work with you to create a compensation plan that works for your company, so you can retain the talent that helps your company maintain its success. We build a cohesive compensation plan that includes base salary, annual bonus, and long-term incentives.
Succession Planning Business Centric & Exit Planning Owner Centric.
Succession planning focuses on preparing the business for an owner’s exit
Exit Planning is a comprehensive analysis of all the factors that affect an owner’s departure from the business.
Find out what your business is truly worth and start making better decisions for your company and its growth.
“98% of small business owners don’t know what their business is worth.” Not knowing your business worth can cost you thousands if not millions. It may also have a lasting effect on your employees as well. We help improve your business by looking at approx.: 20 Key performance indicators (KPI’s). We utilize your KPI’s to compare your organization performance with the norms for its industry. This can be extremely beneficial to the growth of your business
These programs offer employers a flexible way to reward and retain key employees.
Defined Benefit plans: also known as pension plans, which gives the participate a specified monthly benefit at retirement. Employers generally get a tax deduction for contributions to defined benefit plans. Great way to improve retention.
Defined Contribution plans: also known as 401(k) plans in which a certain amount or percentage of money is set aside each year by a company for the benefit of each of its employees.
Non-Qualified Deferred Compensation Plan: An excellent strategy for high income earners. NQDCs emerged because of the cap on contributions to government-sponsored retirement savings plans. NQDCs, therefore, are a way for high-income earners to defer the actual ownership of income and avoid income taxes on their earnings while enjoying tax-deferred investment growth.
For your business to succeed, you need to attract and retain top-notch talent.
We will work with you to create a compensation plan that works for your company, so you can retain the talent that helps your company maintain its success. We build a cohesive compensation plan that includes base salary, annual bonus, and long-term incentives.
Succession Planning Business Centric & Exit Planning Owner Centric.
Succession planning focuses on preparing the business for an owner’s exit
Exit Planning is a comprehensive analysis of all the factors that affect an owner’s departure from the business.