What is a Traditional Annuity?
Traditional, or fixed, annuities are guaranteed periodic payments that come from a life insurance company. These payouts have interest that is declared on a yearly basis. There are a few different types of traditional/”fixed” annuities. Below is a brief overview of each type of traditional annuity. Period Certain Annuities A period certain annuity pays the… Read more
How are attorney fee deferrals established?
Attorney fee deferrals are a tool available to attorneys looking for a viable investment option or unique wealth management strategy. Many attorneys choose a fee deferral program to create a supplemental retirement fund, manage their law firm’s cash flow, or to protect themselves from qualifying for a higher tax bracket in a given year. With… Read more
The brass tacks of Medicare set-asides
If you’re a Medicare beneficiary and are about to receive a personal injury settlement, you may risk losing your benefits without proper planning. A solution for some is to establish a Medicare set-aside. Below, we break down what you need to know. Why Medicare could drop your benefits after settlement Medicare is known as a… Read more
Receiving a settlement? Start with these 3 tips.
A personal injury settlement changes everything. Not only does it mark the next chapter in your life, but it also means receiving much needed compensation for your medical bills and other losses related to the injury. But financial planning is tricky when you’re trying to benefit from a settlement for as long as possible. At… Read more
Team member spotlight: Rachel Mathews
Over the next few weeks, we will be featuring the members of our dynamic team who, in their own way, help injured clients and their families plan for a secure financial future. Today the spotlight is on Rachel Mathews, Marketing Director at Milestone. We asked Rachel a few questions about working at Milestone and life… Read more
Attorneys: Avoid these financial pitfalls in litigation
Our settlement planning team works with both plaintiffs and attorneys as they think ahead to settlement and how the money could be most beneficial. Along that path toward the end litigation, however, financial issues can arise and cause unnecessary complications. We in the civil justice community want what’s best for each person who pursues justice,… Read more
Team member spotlight: Jordyn Burnell
Over the next few weeks, we will be featuring the members of our dynamic team who, in their own way, help injured clients and their families plan for a secure financial future. Today the spotlight is on Jordyn Burnell, our Public Relations & Communications Manager. Jordyn supports Milestone’s marketing efforts and oversees all PR and… Read more
Common misconceptions about Medicare
There are many misconceptions that exist around our country’s Medicare program. Many people miss their enrollment period, face unnecessary fees, go without coverage, and even lose money due to misinformation. Below you’ll find a brief definition, a quick guide to the most common misconceptions about Medicare, and the truth behind the myths. What is Medicare? Medicare… Read more
Team member spotlight: Sam Dolce-Powers, Esq.
Over the next few weeks, we will be featuring the members of our dynamic team who, in their own way, help injured clients and their families plan for a secure financial future. Today the spotlight is on Sam Dolce-Powers, Esq., associate at Milestone. Sam blends the skills of an attorney and a planner to provide… Read more
When you hear “settlement planning,” do you automatically think “structures”?
The majority of work we do at Milestone does not involve traditional structures. This industry has evolved over the past decade, and so have we. Trial lawyers, consider engaging us in a settlement planning conversation about one of your clients. We guarantee you’ll be surprised. Special needs trusts A special needs trust is established to prevent people from losing… Read more