by Christine | May 30, 2013 | Annuity, Elder Law, Estate Law, LIfe Insurance, Retirement |
"Often times these products are sold based on the moment in time," said Richard Coppa, managing director of Wealth Health, a financial advisory firm. "A couple of years ago, they were sold on guaranteed returns of 6 or 7 percent because people were so...
by Christine | May 8, 2013 | Beneficiary Forms, Estate Planning, Estate Tax, LIfe Insurance, Trusts, Wills |
Consider the people who fill out forms designating who inherits assets like an insurance policy and then never go back and revise the forms when, for instance, they divorce and remarry. And then, there are the parents who have not determined who will serve as...
by Christine | Apr 10, 2013 | Estate Planning, LIfe Insurance |
Rather than talk with a high-pressure insurance agent, you might be tempted to simply start plugging numbers into one of the many life insurance needs calculators out there on the Internet. But even if one asks all the right questions, it can be tough to decide the...
by Christine | Nov 9, 2012 | Estate Planning, LIfe Insurance, SLAT |
Couples with assets valued between $20 million and as high as $50 million typically are reluctant to give away $5 million or $10 million, in case they someday need the gifted assets. A spousal lifetime access trust (SLAT), coupled with the purchase by the SLAT...
by Christine | Oct 29, 2012 | Beneficiary, Estate Planning, LIfe Insurance |
Assets that allow beneficiary designations provide powerful benefits that permit the owner to designate who will inherit the assets, how they can inherit the assets, avoidance of probate, and potential tax minimization, to name a few. Most individuals do not give the...
by Christine | Jul 24, 2012 | Estate Planning, LIfe Insurance, Military |
Members of the armed forces about to be deployed have a lot on their minds, but one thing on the checklist needs to be making sure their legal and financial affairs are in order. With a little planning, servicemen and women deployed overseas can serve their...
