Backdating Life Insurance Can Save Money, But It Can’t Fix Stupid!
If you’re in your 30′s life insurance backdating is not an issue that you probably need to know about or even consider simply because, at your age, the cost of insurance doesn’t change much, if any, from year to year as you get older. Not so when you’re talking about vintage over 50 life insurance ...read more
Is Wealth Built Through Foot Dragging and Timidity?
In a post yesterday I insinuated that we may be entering the greatest two years in history for estate wealth building, estate wealth protection and wealth transfer. That statement still stands, but…. I asked Kevin Cox with Lincoln Financial to review the post in relation to a couple of articles that I’ve been asked to ...read more
New Gift Maximum Could Fund Huge Legacies!
So when all of the estate tax and gifting laws shook out and got signed, two things really stood out. There were some very generous changes and, unless extended, they will only last two years. This could make for the largest two years transfer of wealth in history There is an interesting twist in the ...read more
Prostate Cancer Not Insurmountable With Life Insurance!
I got a call from a prospective client last week wanting to see if I could find anyone who would offer him life insurance. His issue is prostate cancer with a Gleason 9. He had a radical prostatectomy, chemotherapy and is currently on hormone therapy Lupron. His PSA has been undetectable for a year and ...read more
