Insights

It is really common for clients to tell me that they don’t need life insurance or to say the they have enough. When asked what is enough, they start to hesitate. For good reason! You need to know what life insurance is insuring before you can state blithely that what Read More...

One of the first shockers when I started to practice estate planning was to learn that the death benefit for life insurance is subject to estate tax. Yikes! You’re asking yourself, “Can this really mean that when I buy life insurance to benefit my family they will have to pay Read More...

Perhaps one of the worse things to endure is going blind. My vision progressively worsens with age and my legal reading load. For my mom, she had cataracts in her only good eye. Her other eye is blind. Of course, you would know it from looking at her. She looks Read More...

One of the keys to having an Irrevocable Life Insurance Trust(ILIT) work is knowing that the insurance policy within the trust will have an adequate death benefit. The death benefit is what the life insurance will pay when the insured passes away. Often, this insurance is intended to provide liquidity Read More...

This summer a 5th grader in my sons’ Cub Scout pack lost his mom when she unexpectedly died from a brain aneurism. It shocked us all. It is uncomfortable to think about it, but some kids really do lose their parents. It is unfair, but it is life. This Read More...