How Life Insurance Can Cover Your Mortgage Balance
Discussing the need for life insurance is never a pleasant topic, and certainly combined with talk of mortgage payments, it can be downright distasteful. But it is your responsibility as the principle breadwinner in your home to consider what might happen if you or your spouse were to perish. Would your spouse be able to […]
Baby Boomers Lack Confidence in Their Retirement Readiness
Less than one-quarter of baby boomers say they are confident they are ready for retirement, and just over one-half report having any retirement savings at all, according to the results of a survey conducted by the Insured Retirement Institute (IRI). The survey of 800 Americans aged 53 to 69, conducted February 9-11, 2016, found that […]
YOUR BUSINESS SUCESSION STRESS TEST
YOUR BUSINESS SUCESSION STRESS TEST The business succession decisions you make today will impact how your business, your co-owners and your families will move forward following an event such as death, disability, resignation or retirement. Structure of the Buy Sell Arrangement 1. Do you have an agreement in writing? 2. Does your agreement require the […]
WON POWERBALL JACKPOT?
The winners of the Wed’s $1.5 billion Powerball jackpot. Congratulations! First, you will have to choose whether to take the prize as an annuity paid over 30 years, or a lump-sum payment right now. If you take the prize as a one-time cash payment, you will get a mere $930 million, before taxes. And you […]
WHY IRREVOCABLE LIFE INSURANCE TRUST
Irrevocable Life Insurance Trust (ILIT) An ILIT is a trust set up with the purpose of removing the ownership and proceeds of Life Insurance from a client’s estate to the trust. This way, at death, the death benefit is paid out to the trust which is removed from the client’s estate and not subject to estate taxation. […]
TAX-FREE RETIREMENT STRATEGY
Tax-Free Retirement Strategy: Using Permanent Life Insurance Permanent Life Insurance Provides: • Income Tax-Free Death Benefit • Tax-deferred build-up of cash value • Potential for Tax-free retirement income Self-completing In the event of a premature death, the income tax-free death benefit would help fund your spouses retirement goals. [fve]https://www.youtube.com/watch?v=TVm87Y27BZM[/fve] Access to funds in the […]
YOUR QUALIFIED PLAN STRESS TEST
Your Qualified Plan Stress Test The retirement plan decisions you make today will impact you, your family, your business and your employees both today and at your retirement or premature death. Structure of your Qualified Plans 1. Do you have an existing qualified plan? 2. Is your arrangement a 401(k) plan? 3. Is your arrangement […]
CRITICAL ILLNESS BENEFIT
Most people know life insurance can provide financial security and continuity during one of life’s most difficult times: the death of a loved one. What few people know is that life insurance can also help during another one of life’s most difficult times: a chronic, critical or terminal illness. This help comes in the form […]
CHRONIC ACCELERATED DEATH BENEFIT
The following story illustrates just what Living Benefits can do Sylvia was only 50 years old when she was diagnosed with Multiple Sclerosis. With medication, she was able to eff effectively manage her symptoms for a few years. Then, her disease progressed, first cutting her daily walks with her golden retriever short, then eliminating them […]
WHAT ARE THE CHANCES OF BECOMING ILL?
[fve]https://www.youtube.com/watch?v=2LPNGEn_2EI&list=PL2534A75E71B259C5&index=1[/fve] • Heart disease and stroke are among the leading causes of death for U.S. women & men. Cardiac deaths have increased dramatically among people younger than age 35. • Every 30 seconds a new cancer is diagnosed in the U.S. • Every year, about 795,000 people in the U.S. have a stroke. About 3/4 […]
