It is good to, first, make sure a carrier will give you the amount of coverage sought, especially regarding coverage for family members other than the bread-winner.

Although qualified plans and universal life policies are fruits of a different color, they still look a lot alike when used to provide funds for retirement.

Too often shortcuts are taken in the establishment of irrevocable trusts and too often insufficient attention is given to their ongoing administration.  While it is not the legal responsibility of the insurance advisor to see that all is done according to Hoyle, it should be his or her annual practice to make sure that the proper parties are fulfilling theirs.

Two coordinates come into play when financially justifying an amount of life insurance coverage applied for – how much is being applied for and how much is it going to cost.

A real-life case, potential challenges to consider, and three good rules to live by.

All employers want economical ways to keep their key people.  You make your coin by helping them decide which side of the opportunities available best meet their needs and goals.

The need for a reliable value occurs often in the business, estate and financial planning process.  And by “reliable” we mean one that the IRS will find acceptable, because usually the value is needed to calculate the tax consequences at the time of an ownership change.

If a business doesn’t have an updated transition plan, tell the owners they go to bed every night unsure of who they will be in business with the next morning! 

Consider a Roth IRA, best described as “a reverse traditional IRA.” Contributions are after-tax and distributions are tax-free. 

A properly accoutered insurance-funded benefit plan will not only sell more easily, it will remain an ongoing thing of attractiveness and substance to those it protects.