Facts about Life
It took an angel-in-training to show George Bailey (the character played by actor Jimmy Stewart in Frank Capra’s movie “It’s a Wonderful Life”) how his life advanced the success of his business and the welfare of many people in his life.
At first blush, you too may think that your personal life’s contribution is minimal. But chances are good that your life is multi-faceted, replete with many relationships, responsibilities, legacies, business ventures, and tax issues dependant on your ongoing efforts – and worthy of your planning.
Do you identify with any of the following challenges?
• You financially support family members – including lifelong special needs situations
• You want to retain top talent - &/or protect your business in the event of losing a key employee
• You and your business partners need an appropriate exit strategy for retirement – or a deferred compensation arrangement
• You are a high-earning professional concerned about asset protection in a litigious environment
• You are not satisfied with the dollar limits on traditional retirement plans for tax deferral
• Your estate is made up of illiquid assets – with no cash to pay future estate taxes
• You need insurance proceeds only payable after the 2nd death of you and your spouse – or business partner
• You don’t want estate taxes to drain the benefits you intended for heirs or charitable legacies
• You have old policies that are not flexible to meet your current needs
• You want to stop paying premiums on an old life insurance policy that you no longer need
All of the above special situations can be addressed using innovative life insurance strategies.
There are many different types of life insurance products that can be tailored in a multitude of ways to fit your specific needs.
Be sure to request our Preliminary Insurance Questionnaire if you are interested in exploring the ways life insurance strategies and risk management may dovetail into the architecture of your financial plan.
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