Professional Athletes

MJS Financial Group LLC specializes in helping to accumulate wealth and establishing financial independence by implementing strategies to protect the assets of individuals and families. MJS Financial Group LLC has extesnsive experience working with professional athletes in the areas of estate planning, disability insurance and building deferred compensation plans. MJS Financial Group's philosophy focuses on helping athletes prepare for life after their playing careers have ended by centering client portfolios on building, protecting and preserving their assets.

Every MJS Financial Group LLC athlete client goes through an extensive initial consultation in order to discuss the client's specific financial and personal goals. Following this conversation, MJS Financial Group works diligently to create a budget so the client can easily understand the necessary expenses that must be accounted for on a monthly basis. MJS Financial Group LLC also takes the time to review the clients assets to liabilities ratio in order to provide a working synopsis of the individuals net worth. This methodical approach clarifies the clients current financial position and allows MJS Financial Group LLC to make the appropriate recommendations for insurance and investment needs going forward.

As is critically  important for athletes with a high net worth, MJS Financial Group LLC takes the time to complete a survivor needs summary. This is an indicator of how much life insurance a client's family would require if the client were to die prior to his life expectancy. This type of planning is essential in order to offset estate taxes at the time of death and  preserve assets for the client's family.

Another essential issue for professional athletes is securing income replacement in the event of injury or disability. As part of MJS Financial Group LLC services, it is a priority to insure that his client's continue to receive an income that maintains their standard of living despite a career ending injury. MJS Financial Group LLC utilizes vehicles such as long-term care insurance to preserve the clients assets in the event that their career is cut short.

At MJS Financial Group LLC it is our goal to help educate you on the issues that confront professional athletes throughout your lives.

Neither MJS Financial Group LLC nor Marc J. Shuster offer tax, legal or accounting advice. Please consult your professional advisors.

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December 17, 2018 @ 02:38 PM

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