At a meeting of financial advisors, I was recently asked, “do you actually think life insurance is an investment?” My inquisitor was making more of a statement than asking a question, so she was surprised by my answer: “I can tell you that life insurance was an investment for me; one that I’m benefiting from
A new survey shows just how financially and logistically hard summer can be for working families. Summer can be a wonderful, festive time to enjoy vacations, pool days and backyard BBQs with family and friends. But the season can also present a logistical—and financial—headache for many working families. After all, when school isn’t in session
It doesn’t take a scientist to figure out why so many couples are choosing to stop at just one child. Raising children is not only a very expensive proposition these days; it also takes a lot of time and energy. Many parents find that they’d rather focus all of their energy on one child. That
As estate planners, we have seen it all over the years. What we have learned is that people make some common mistakes. Whether due to procrastination, lack of follow through, or ignoring their own mortality! This article discusses a few of the major pitfalls we frequently see. Trust us: the best way to avoid these mistakes,
Good news for parents: You can help your kids learn to do well. Studies suggest a clear correlation between early education in money and future financial success. Financially Educated Children Become Financially Successful Adults People who learned about money as children were three times as likely to have a personal annual income of $75K or
You have heard the term, but you don’t know how it works. You may even be familiar with the strategy, but not aware of the nuances. How might this strategy benefit your clients? And which ones? Why should one use premium financing over other types of loan investment alternatives? Premium financing is a strategy whereby