3 January 2014 0 Comments

Transferring Capital For Maximum Effect

Many people whose family has grown and are in a reasonably sound financial position are sitting on substantial money in bank CD’s.  The interest credited, they admit, is lousy, but it’s their safety cushion.  They don’t want to risk it.  Here’s an interesting option: Pete and Sue have been married for many years and, at [...]

13 December 2013 0 Comments

Nebraska – The Movie

A movie was released a few weeks ago named “Nebraska.”  It stars Bruce Dern as a harass-able old codger who defines the term curmudgeon—in spades!  Disheveled, grumpy, mean and uncaring are a few adjectives that easily describe him.  The movie was shot in black and white because it more precisely depicts the bleakness of his [...]

2 December 2013 0 Comments

What Do You Need…What’ve You Got…What Do You Know?

Maybe I got to you in my last entry and you are going to do something about getting life insurance.  But, it’s not so simple because you already have a policy or two and you don’t know whether you should keep what you have or start fresh.  Without all the details I can’t advise you, [...]

29 November 2013 0 Comments

Who Really Needs Life Insurance?

Do you really need life insurance?  I guess it can be argued that no one really needs life insurance.  After all, when a claim is paid on your life insurance policy, you will be dead.  Whatever your beliefs may be about a hereafter, when your death certificate is signed you no longer have a concern [...]

29 October 2013 0 Comments

The Age 55 “SPEED BUMP!”

If you are close to age 55 and haven’t reviewed your life insurance in the past few years, consider this a speed bump.  It means slowing down enough to spend some time with your agent to review what you have, determine what your objectives are over the coming years and make any adjustments that might [...]

15 October 2013 0 Comments

It’s So Simple!

This marks my 170th blog since I started writing them in February, 2012.  That’s a lot of information on life insurance…with a little bit on Annuities and Long Term Care thrown in the mix.  How is anyone to know all they need to know to make the right decision when it comes to buying a [...]

27 September 2013 0 Comments

Random Questions And Comments About Life Insurance

Over the years I’ve been asked many questions and heard many comments from people just like you about life insurance.  Here are a few more of them and my answers: Q.  What is Waiver of Premium and is it a good deal? A.  Waiver of Premium is a rider that can be added to a [...]

19 August 2013 0 Comments

Myth: Only Accidents Take The Young

(More questions I’ve encountered over the years) Q.  I’m 35, and in great health.  Why would I need anything other than an Accidental Death Benefit policy to protect my family? A.  As long as you die from an accident, that would work.  Is that what you’re counting on? Q.  Sure, the odds are much greater at my [...]

2 August 2013 0 Comments

Tax Advantages Of Life Insurance

Life insurance enjoys some unique tax advantages.  The death benefit is free of income tax and access to cash values during one’s lifetime can also be constructed to be tax free.  In this blog I’ll deal with the death benefit advantages. With a couple of exceptions, the death proceeds of a life insurance policy (including [...]

30 July 2013 0 Comments

Repeal Of DOMA Effect On Life Insurance Planning

On June 26, 2013 the United States Supreme Court struck down the Defense of Marriage Act (DOMA).  Essentially the court stated that advantages provided to married couples of opposite sexes could not be denied to married couples of the same sex.  So, if a couple of the same sex is married in any state within [...]