| Click here to see and submit reviews |
Have Questions?
Call our quote line
(866) 691-0100 or
click here to contact us by email.
Understanding Second to Die Life Insurance
Not everyone needs second to die life insurance, but it can be very beneficial in certain situations. Unlike a traditional term or whole life insurance policy, which pays benefits to a named beneficiary after the death of an insured individual, … Continue reading
Life Insurance and Estate Planning
Putting a solid estate plan in place is an important part of making sure that your loved ones won’t find themselves facing unnecessary financial hardship if something happens to you. The process of estate planning can vary greatly, depending on … Continue reading
Survivorship Life Insurance Protects Special-Needs Dependents
Do you have a loved one who is dependent on you or your spouse for care? In many cases, special-needs children and adults are completely dependent on one or both parents to provide ongoing assistance with the activities of daily … Continue reading
Uncertain Times for Estate Planning
Unless Congress gives us a last minute reprieve, the Federal Estate Tax will revert to the rates in effect on January 1, 2001. This means that any estate greater than $1,000,000 will be taxable at 41%, while estates worth more … Continue reading
What are you going to Leave Behind?
Having attended various industry seminars and conferences, I am not a big fan of motivational speakers. However, I recently had the pleasure of seeing Dr. Jerry Linenger, retired U.S. Navy flight surgeon and NASA astronaut, speak at such a conference. … Continue reading
Don’t use life insurance to pay estate taxes?
Now there’s an interesting statement coming from an author of a blog on life insurance! It was just to catch attention but there is an interesting alternative method. Instead of using the life insurance to pay the estate taxes. Have … Continue reading
Life insurance in an irrevocable life insurance trust (ILIT)
An ILIT is an irrevocable life insurance trust. Irrevocable means can’t be revoked, can’t be changed once you set it up. The most common reason for setting up this trust is to create a separate entity that owns the life … Continue reading
Charitable Planning, Estate Planning and Life Insurance
Without getting into too much detail, if your estate is of sufficient size – $5 million plus – to be concerned about estate planning there are unique planning ideas, some including life insurance, that can help you and your family … Continue reading
Using a Life Insurance Trust (ILIT)
Today, I saw an article about Using a Life Insurance Trust from The New York Daily News. In this article financial writer, Marshall Loeb, talks about the reasons for and the structure of an Irrevocable Life Insurance Trust (ILIT). This … Continue reading
How Life Insurance is Valued for Estate Taxes
This helpful article from Scripps Howard summarizes the estate tax treatment of life insurance very well. One can shield the proceeds of life insurance from being taxed as stated in the article: “If the policy was not owned by the … Continue reading