There are numerous ways to use life insurance to help pay for estate planning but the use of an Irrevocable Life Insurance Trust (ILIT) is a place to start. This article reviews what that Irrevocable Life Insurance Trust is, what it does and when one should use one.  This obviously … Continue reading Life Insurance for Estate Planning


  • Last updated Sep 30, 2018 at 9:27PM | Published on Oct 25, 2015

life insurance for non-breadwinner

Sometimes life throws a curveball, and sometimes, that curveball comes in the form of tragedy. Now, it’s not healthy to mull over what would happen to our loved ones in the event of our death, but it’s also naïve to think that we’re immune to danger. This is one of … Continue reading Do I need life insurance even if I’m not the bread winner?


  • Last updated Jan 3, 2019 at 12:26AM | Published on Apr 15, 2014

Minor Beneficiaries of Life Insurance Policy

Because we write a lot of life insurance for families with young children, this question comes up frequently.  As you have purchased life insurance to protect your family’s financial future, it is important to ensure that your minor children are properly covered financially in the event of your death. If … Continue reading What if My Beneficiaries are Minors?


  • Last updated Mar 22, 2017 at 9:08PM | Published on Nov 21, 2013

spending your kids inheritance

One hundred years ago, the life expectancy for men was 50.3 and for women 55, according to Today, it is 73.8 and 79.6, respectively—and the baby boomer generation (people born between 1946 and 1964) is expected to live longer than any generation before it. Not only are Americans living … Continue reading Your Boomer Parents Are Spending Their Inheritance – And Yours


  • Last updated Mar 22, 2017 at 9:13PM | Published on Oct 17, 2013

Funeral Roles and Obligations

Nothing is more difficult than trying to deal with funeral arrangements among family members when you’re grieving over the loss of a loved one in the family. Everyone experiences grief and pain in different ways, and sometimes even the family’s acknowledged leader might hesitate to lead after a death. Compounding … Continue reading Your Family, The Funeral: Choosing Roles and Obligations


  • Last updated Mar 22, 2017 at 9:17PM | Published on Aug 28, 2013

preparing for long-term care

We’d all like to be able to provide for our parents as they grow older, but today’s younger generation is more uncertain of their finances than ever. According to the Federal Reserve, the average U.S. household carries more than $15,000 in credit card debt, and college graduates are leaving senior … Continue reading Prepare Now for Your Parents’ Long-Term Care


  • Last updated Mar 22, 2017 at 9:21PM | Published on Apr 25, 2013

The New York Times recently an article calculating the average costs incurred by same sex couples when compared to their heterosexual counterparts and found that an average same-sex couple will end up paying anywhere from $30,000 to nearly $212,000 over a lifetime more for health insurance, taxes, social security, etc. … Continue reading How Life Insurance Can Benefit Same-Sex Couples


  • Last updated Mar 22, 2017 at 9:23PM | Published on Mar 29, 2013

Before you start looking at the religious and philosophical answers to this question, I have to quickly warn you that this discussion leans more toward the material than the spiritual.  What I am going to address today are those actions one should do prior to one’s own death that will … Continue reading Are you Prepared for Death?