Why Every Closely-Held Business Needs a Properly Funded Buy-Sell Agreement
As the new year begins, it’s natural to think about resolutions. Many of us set goals for health, relationships, and careers, but how often do we prioritize our financial health?
And even when we do think about our financial future, how often does that discussion include life insurance policies that were previously purchased and are in effect?
Start the New Year Right: Have Your Life Insurance Policies Reviewed
As the new year begins, it’s natural to think about resolutions. Many of us set goals for health, relationships, and careers, but how often do we prioritize our financial health?
And even when we do think about our financial future, how often does that discussion include life insurance policies that were previously purchased and are in effect?
Long-Term Care: Why Planning Matters
Did you know that 70% of Americans aged 65 or older will require some form of long-term care during their lifetime?
This statistic highlights the widespread need for care, whether it’s in-home assistance, an assisted living facility, or a nursing home. Yet many families are caught unprepared, both emotionally and financially, when the need arises.
Designating a Beneficiary: Safeguarding the Transition of Assets
The details matter. Let’s put a spotlight on the importance of carefully thinking through primary and contingent beneficiary designations on individual and group life insurance coverage. Our desire is to help our clients avoid future problems.
A Reflection And Three Updates
As an engaged to be married Georgia Tech senior, a wise mentor helped me create a vision of what I wanted in my future career. I wanted to be an entrepreneur. I wanted community roots and independence. I think most importantly, I wanted relationships allowing me to help others with something important to them – being a part of delivering something they want.
At Last, an Easier Process
The consequences of taking a risk can develop suddenly. One minute you can be holding a certain hand of cards, and the next minute the whole hand of cards has changed. As I was thinking about how quickly the landscape can change, I thought of a personal example.
We Believe…
We all have a story – and our stories are unique.
Years ago, I was sitting at my conference table with the owners of a successful business. The conversation was around their assets and their family. At some point in conversations like this, the objective is to understand what it is the clients want.
Whistling in the Dark – Do Something or Not?
Many of our clients want to be prepared for the possibility of having to pay for long-term care. Most everyone likes the idea of having long-term care insurance.
Five Major Trends with Life Insurance for 2021 and Beyond
The future of life insurance will be different than in the past. Over the past 30+ years, we have been in a declining interest rate environment. This means that new money pouring into the insurance companies to be invested has generally earned a lower rate than prior new money that was invested earlier when rates for conservative investments were higher.
