Category

insurance

Death and Taxes are Certain, but Maybe not Probate

Traditionally, when you die, your heirs have to go through a legal process of distributing your assets called probate. You are said to have died intestate if you die without a will. When this happens, a judge has to approve everything, and all of...

Long Term Care Dilemma: 7 Mitigation Steps

One of the first things I realized when I started in this business was the need for long-term care insurance. It was clear then, and is still true today, that living longer increases the chances of needing assistance with normal activities of...

Long Term Care Dilemma: 7 Mitigation Steps

One of the first things I realized when I started in this business was the need for long-term care insurance. It was clear then, and is still true today, that living longer increases the chances of needing assistance with normal activities of...

Life Insurance Agents: Where Did They Go?

Life insurance agents created the financial planning community, and sadly their own was damaged in the process. Can recent regulation spur a rebirth? Needs-based selling, where an agent gathered pertinent client data, created a proposal, and...

Life Insurance Agents: Where Did They Go?

Life insurance agents created the financial planning community, and sadly their own was damaged in the process. Can recent regulation spur a rebirth? Needs-based selling, where an agent gathered pertinent client data, created a proposal, and...

No-load Life Insurance is a Game Changer

With four kids to raise, I have always maintained a good amount of life insurance coverage. Over the years, I have made changes from time to time to take advantage of lower costs and newer plan designs. I like having permanent coverage with high...

No-load Life Insurance is a Game Changer

With four kids to raise, I have always maintained a good amount of life insurance coverage. Over the years, I have made changes from time to time to take advantage of lower costs and newer plan designs. I like having permanent coverage with high...

Variable Annuities can be Costly

Back in the 90’s I sold a lot of variable annuities. I worked for a large financial services company that strongly encouraged the use of variable annuities and there were some advantages. For one, it was a great way to gain access to multiple...

Variable Annuities can be Costly

Back in the 90’s I sold a lot of variable annuities. I worked for a large financial services company that strongly encouraged the use of variable annuities and there were some advantages. For one, it was a great way to gain access to multiple...

Life Insurance Can Be A Beating

Buying and maintaining life insurance policies is a pain. On the surface, it seems like a pretty simple transaction but it is actually one of the most complex pieces to the Financial Fitness puzzle. Media bias and aggressive sales tactics...

Life Insurance Can be a Beating

Buying and maintaining life insurance policies is a pain. On the surface, it seems like a pretty simple transaction but it is actually one of the most complex pieces to the Financial Fitness puzzle. Media bias and aggressive sales tactics...

The Truth About Life Insurance

Updated: October 2017 Myth: Cash value life insurance is one of the worst financial products available. Truth: Many lives will be financially devastated by Dave Ramsey’s advice on life insurance.   Dave Ramsey and his advertising client Zander...

The Truth About Life Insurance

Updated: October 2017 Myth: Cash value life insurance is one of the worst financial products available.Truth: Many lives will be financially devastated by Dave Ramsey’s advice on life insurance.   Dave Ramsey and his advertising client Zander...