Insight on business, estate planning, finance, life insurance and tax-free retirement.
Wednesday January 5, 2011
What is the longest distance between two points? In my experience, it's typically a shortcut.
Our society has created a culture that allows instant access to any and all the information we desire. We are self-diagnosing our own medical conditions without going to the doctor, buying life insurance on-line without an agent's advice, preparing our own trust, building our own websites and the list goes on an on. The old cliche, "you get what you pay for" has apparently escaped the minds...
Posted in Business , Estate Planning , Financial Myths , Investing , Legal Planning , Life Insurance , Retirement | Make a Comment
Thursday September 10, 2009
September is Life Insurance Awareness month. You heard me: an entire month dedicated to raising the awareness of how life insurance can benefit your family and or business.
LifeHappens.org summed it up best as to why we utilize an entire month to spread the word. "These are unsettling times. Over the past year, almost every pillar of our financial security has been shaken, one by one. The bursting of the real estate bubble, the precipitous decline in the stock market, a rapid...
Posted in Industry News , Life Insurance | Make a Comment
Tuesday June 23, 2009
For most people, the beneficiary designation is one of the easiest questions on a life insurance application. However, there are a few common mistakes we see on a regular basis and your agent may not be aware of how to correctly structure your beneficiary and ownership designations to accomplish your goals.
If you own the life insurance policy, you may face a federal estate tax. Your estate is a compilation of: your investment and retirement...
Posted in Beneficiary Designations , Equity Indexed Annuities , Life Insurance | Make a Comment
Thursday February 5, 2009
Estate planning is the process of accumulation and distribution of an estate to fully encompass the objectives of the estate owner. If you hear the term "estate planning" and believe it is only for the super wealthy, you may be surprised to learn most people have a need for a properly designed estate plan, they just do not know the right questions to ask to get the ball rolling. What everyone does know is the end result they are after. They know what possessions they want to distribute,...
Posted in Estate Planning , Life Insurance | Make a Comment (1)
Thursday August 14, 2008
Life insurance companies are pushing to sell coverage on-line is going to present a huge problem for consumers. Now, I understand buying car, home-owners, and liability insurance on-line, but not life insurance! For most people the term "life insurance" has several connotations that lead to a very grey area and without professional advise, you may have a false sense of security by being under insured.
If you are looking to purchase life insurance for the first time or you have life...
Posted in Life Insurance | Make a Comment