P.O. Box 16
Consider us your planning partner. Together, we will cover many topics, including the amount of money you should save, the types of accounts you need, and the kinds of insurance you should have. These might include long-term care, term life, disability, etc.
Insurance strategies can play an important role in a comprehensive wealth management plan.
Your family’s future
Providing for financial needs for a loved one if something should happen to you, your spouse or anyone else that depends on you. Life insurance is not only used as a death benefit but can also be used as loan collateral or to create a family legacy or philanthropic purposes.
Your retirement – will your money last?
If you have contributed the maximum amount to your employer-sponsored retirement plan and traditional IRA and you still seek tax-deferred growth for retirement income, consider an annuity, which can provide a steady taxable income for a period that is up to you. Life insurance strategies are also available to help high earners who are not eligible for Roth IRAs receive tax-free income during retirement.
Your disability or long-term care expenses
You may also want to consider a disability insurance plan that can replace income and a long-term care plan to help cover the cost of an assisted living or nursing facility.
Your estate settlement expenses – how to offset them
Life insurance strategies can be employed to either provide funds to pay for anticipated estate taxes or to replace wealth lost to selling assets to pay estate taxes. These strategies may be especially attractive to family businesses and/or property owners who wish to avoid selling highly illiquid assets that may have irreplaceable emotional value to heirs to pay estate taxes.
Long-term care protection strategies
Access life insurance needs