Insurance Planning

personal insurance

For wealth preservation purposes, life insurance is a tool that enhances the benefits of many estate tax reduction and charitable strategies. It can provide income and estate tax free money to facilitate the payment of estate and inheritance taxes. It can also create a “family bank” to perpetuate wealth for future generations without the potentially debilitating effects of inherited wealth.

For younger families, life insurance is like owning a slice of time. It delivers the present value of earnings lost if you run out of time. Tax free dollars that can keep your family in their home, educate your children, in short do what you would have done. Often not appreciated is that your life insurance policy may provide lifetime benefits that can further diversify your investment portfolio, provide for college expenses, and offer years of tax-free retirement income.

Business Insurance

Bills can pile up quickly when income is lost due to sickness or accident, especially if you’re out of work for a long time. Short and long-term disability insurance can replace a significant portion of lost income, often without income taxes. Expert guidance is needed to work through the myriad of complex options and riders offered in today’s disability policies.