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Using Life Insurance to Fund College

By Nicholas Hoeschel | August 15, 2017

Saving for college is an excellent strategy, but parents often don’t realize that there are some ways to save that are better than others. There are times when having too much savings can reduce your child’s chances of qualifying for financial aid for college. In addition to the death benefit protection it provides, life insurance can be useful in helping to fund college.

Securing the Financial Health of Your Grandchildren with Multi-Generational Life Insurance

By Frank Howell | June 20, 2017

Creative use of life insurance can play an important role in a multi-generational legacy planning strategy, one that allows grandparents to set aside assets specifically to benefit their grandkids, yet still retain control over those assets during their lifetimes. This is a strategy I’ve used with my own clients.

Relationships and Values: Four Generations of Navigating the Unknown

By Tod Lashway | January 17, 2017

Last year, about this time, my father passed away. It was not unexpected, but I lost one of the formative people in my life – tall, strong, a disciplinarian, but he had a big heart beneath all the bluster. My mother showed me how to treat others with respect and dignity, to be considerate of others’ perspectives and well-being. Together, they taught us family values and responsibility for each other. Relationships and values.

Effective Planning with Life Insurance – Avoid These Common Tax Traps

By Eva Victor | July 12, 2016

Life insurance is a unique financial product that may provide needed liquidity during lifetime and upon death of the insured. The importance of life insurance is reflected in its favorable tax treatment. However, tax traps can frequently arise in structuring a policy and in common planning contexts.

Understanding Indexed Universal Life (IUL) Insurance

By Andrew Martin | November 17, 2015

Indexed Universal Life (IUL) Insurance is becoming an increasingly popular choice for many people. LIMRA reports that IUL now represents the majority of all Universal Life premiums, at 52 percent, and 20 percent of all individual life premiums. Here’s what you need to know about IUL.

College Planning for Kindergartners

By David O’Malley | September 22, 2015

It’s never too early to start planning for college, or too late. If you’re a parent of a kindergartner, here is what you need to know for planning for college.

When Should I Borrow from My Life Insurance Policy?

By Raymond Caucci | September 15, 2015

Banks will loan you money when you don’t need it but won’t give you a dime when you do. There’s a better way: Borrow money from the cash value of your life insurance.

Five Reasons to Give the Gift of Life Insurance

By Raymond Caucci | June 9, 2015

When someone is graduating from high school or college, or getting married, this is a great opportunity for a parent or a grandparent to purchase life insurance on the individual.

Do You Need Life Insurance When You Retire?

By Raymond Caucci | February 10, 2015

The traditional thinking about life insurance is that you only need life insurance when you have an income to protect, when you have a mortgage, or when you have kids to support. Once you hit 65 and retire, says the myth, you don’t need life insurance. That is not true.

Life Insurance and Small Business Succession Planning

By Margaret Muldoon | November 18, 2014

Small Business Saturday is a great reminder of the importance of small businesses to the health of our economy, but I think it’s also a good time for us to think about the health of our small businesses.