Your Financial Options

When you settle your personal physical injury or sickness lawsuit, you have many financial options for your settlement funds.  A list of general option categories is listed below.  You may use any one of these options or a combination of options.  For legal or tax advice you should always consultant a legal or tax advisor.

Option A: Lump Sum
Receive a single lump sum of cash tax-free and invest it in taxable financial products. 

Option B: Structured Settlement
Settle with a tax-free structured settlement annuity that pays you over time.

Option C: Trust
Establish a professional managed trust.  This is especially helpful for special or supplemental needs claimants.

Option D: Combination
Select any combination of the first three options.  For example, your structured settlement could provide some up-front cash in addition to periodic payments.  You may also decide to fund a special needs trust with a structured settlement.

Our firm is completely unique in our industry in that we can assist you with not only the planning but ALSO the implementation and future management of ANY and ALL of the above settlement options and NOT simply the structured settlement annuity option.

With these financial options, you have a new opportunity to regain financial control of your life.  You know you can design a plan to meet your needs today but what about tomorrow?  A White House Financial Consultant can visit with you to help set up a plan that is tailored to your future financial goals.  To keep up with inflation, we can even add a Cost of Living Adjustment (COLA) to increase your payments on a scheduled basis.  This is just one of the many ways our Settlement Consultants can help you create a plan specifically for you.  For more information, please contact us!

 

Financial Planning

White House Financial assists clients in Ann Arbor, Chelsea, Jackson and the surrounding areas with the planning necessary to achieve their financial goals. Our highly-trained certified financial planners understand and practice the discipline necessary to counsel clients from a wide range of financial and professional circumstances. We provide advice that fits our clients’ needs and wishes, not “one size fits all” solutions, so our financial advisors are highly prized by those who secure our services. Many clients regard us as more than planners and come to see us as their complete financial consultants – trusted advisors who assist with existing challenges as well as planning for the future. Whether you’re in need of financial planning, retirement planning, asset management, settlement consulting, investment consulting or wealth management, Whitehouse Financial can provide the appropriate advice.

Financial Management

White House Financial assists clients with the implementation of their financial plans as well as the achievement of their financial goals. We take into account the entire financial circumstances of our clients, including budgeting, debt reduction, cash flow management and investment management. Investment management, an important component of financial management, is a specialty that requires particular knowledge. Make sure that your most trusted financial advisors are capable investment consultants or that they have access to respected partners in the investment community in Southeast Michigan and Ohio.

Wealth Management

For “high net worth” individuals in Ann Arbor, Chelsea, Jackson and the surrounding areas, White House Financial applies its expertise in a manner designed to best suit the portfolio of each client. We carefully consider the history of our clients’ businesses and investments, their present needs and circumstances, and their financial and legacy goals, to manage their investments in a manner that accords with their wishes. At the same time, we are fully confident in the training and expertise of our staff of certified financial planners, consultants, securities traders, and advisors, and we don’t hesitate to present critical information and analysis to our wealthy clients.

Settlement Consulting

Deciding how to approach a structured settlement can be one of the most important financial decisions you’ll ever make. The settlement of a legal dispute uses special financial vehicles specifically designed for each case. Our settlement consultants can advise the parties to a legal dispute regarding these vehicles and provide expertise as to the best strategies to use to settle the dispute and achieve the financial goals of the litigants. Don’t enter into a structured settlement without getting fully informed as to the financial consequences of the settlement. Let our highly-trained settlement consultants analyze the financial pros and cons of the offers on the table, and, together with your attorney, inform you of the best approach to maximize your financial outcome. If you’re considering a structured settlement in the Ann Arbor, Chelsea or Jackson area, contact us for expert advice!