Structured legal fees to save taxes now and build retirement assets

In this last segment of the series, "Why do so many trial lawyers retire broke" Mark Wahlstrom looks at the single most powerful tax and retirement planning tool trial lawyers have; Structured legal fees. Want to pay yourself before you pay back taxes and legal finance? Well a structured legal fee allows you to carefully and ethically defer income, pay back financing at preferred rates and lower current income tax liabilities. Watch this video to learn how to lower taxes, build retirement assets and get off the debt finance cycle for good.

Posted on August 17, 2018 .

Trial lawyer retirement planning, 468B trusts aid tax and retirement planning

In part three of his series, "Why so many trial lawyers retire broke" Mark Wahlstrom looks at how 468B settlement trusts can be used to assist trial lawyers in deferring taxes, lowering litigation finance costs and allocating future cash flow to retirement assets, all while doing what is best for the client. These are one of the least used and poorly understood settlement planning tools available to trial lawyers and Mark Wahlstrom breaks down how they can solve a multitude of problems for lawyers AND help build retirement assets.

Posted on August 8, 2018 .

Why most Trial Lawyers retire broke; Litigation Financing disasters

In part two of his series, " Why so many trial lawyers retire broke" Mark Wahlstrom looks at what he considers to be the biggest financial mistake lawyers make and that is awful litigation and case financing deals. Excessive rates, horrible loan terms and more importantly, a failure to shop around or design plans that provide more reasonably pay back scenarios. If you are looking for advice on litigation finance check out this video or contact Wahlstrom & Associates so you can get off the case finance debt cycle.

Posted on August 7, 2018 .