Life insurance owned by an irrevocable life insurance trust (ILIT) can be the easiest and most efficient way to reduce estate taxes and preserve your wealth.
Universal Life Insurance Posts
What is a Life Insurance Retirement Plan (LIRP) and How Does it Work?
A Life Insurance Retirement Plan (or LIRP) is a tax-efficient way for individuals to save for retirement by providing income you can enjoy during your lifetime.
What is a Term Life Insurance Conversion?
A term life insurance conversion allows a policy owner to convert their existing term insurance to a permanent life insurance policy.
What is a Term Life Insurance Conversion?
A term life insurance conversion allows a policy owner to convert their existing term insurance to a permanent life insurance policy.
The Benefits of a Life Insurance 1035 Exchange
A life insurance 1035 Exchange is a tax-free transfer of policy values from a life insurance or annuity policy to a new policy. This allows policy owners to avoid taxation on policy gains from the old policy to the new policy. Section 1035 of the Internal Revenue...
A Guide to Understanding Indexed Universal Life Insurance (IUL)
Indexed Universal Life Insurance is one of the most complicated life insurance products in the marketplace.
This guide explores the different factors that can have a significant positive or negative impact on a policy’s performance.
Why You Should Consider Life Insurance with Long-Term Care, and What You Need to Know About It…
Life Insurance with Long-Term Care helps individuals reduce their financial exposure to a long-term care event, while paying a death benefit to beneficiaries.
The combination of life insurance with long-term care helps protect what’s most important: the quality of your life and your heirs.
Life Insurance and Mortality: What Life Insurance Carriers Don’t Want You To Know!
There are certain inevitabilities in life. Like it or not, one of them is death. When our own mortality comes into question there are always challenges and questions we must confront.
The goal of every insured with a permanent life insurance policy should be to die with as little money in their policy as possible.
Low Interest Rates Causing Permanent Life Insurance (Universal and Whole Life) to Massively Under Perform
Crediting rates and dividend rates on permanent life insurance policies are at all-time lows and will likely continue to decrease.
The impact of these rates can be financially devastating for policy owners of permanent life insurance.
Reviewing your permanent life insurance coverage today can help you tomorrow.