Life Insurance

It’s Time to Review Your Life Insurance

It’s Time to Review Your Life Insurance

When was the last time you looked at your life insurance coverage? Why not do it now? Life insurance can be a remarkable utility as an estate planning and tax-saving tool. Whether you have no life insurance, or you haven’t reviewed your policy in a while, it is always a good idea to be aware of your options and be prepared.

THE VALUE OF LIFE INSURANCE TRUSTS

THE VALUE OF LIFE INSURANCE TRUSTS

You may think of life insurance in very simple terms: you buy a policy so that your loved ones will have some financial assistance when you die. Its functionality doesn’t end there. If it looks like your accumulated wealth will be subject to estate taxes someday, life insurance may be a very useful tool for you. In fact, you might call life insurance the “Swiss army knife” of estate planning, especially when it is used in conjunction with trusts.

A PRIMER FOR ESTATE PLANNING

A PRIMER FOR ESTATE PLANNING

Estate planning is a task that people tend to put off, as any discussion of “the end” tends to be off-putting. However, those who leave this world without their financial affairs in good order risk leaving their heirs some significant problems along with their legacies.

HAVE YOU CONSIDERED CHARITABLE GIFTING?

HAVE YOU CONSIDERED CHARITABLE GIFTING?

A gift to charity may prove to be a great financial favor to you. Some charitable gifting methods offer you notable tax advantages. Here’s a brief look at some popular options. 

WHAT TO DO FINANCIALLY WHEN A SPOUSE DIES

WHAT TO DO FINANCIALLY WHEN A SPOUSE DIES

When a spouse passes away, the emotion and magnitude of the loss can send our lives reeling. This profound change can also affect our finances. All at once, we have a to-do list before us, and the responsibility of it can make us feel pressured. With that in mind, this article is intended as a kind of checklist – a list of some of the key financial matters to address following the death of a spouse.