Situation: For many business owners, the focus is on today – running the business, managing day-to-day operations and expenses, and growing revenues. Most business owners can’t imagine a day when they will be unable to participate in their business. However, that day will arrive, and business owners need to plan for the continuation and control […]
The Necessity of Long-Term Care in Retirement Planning When helping their clients formulate plans for retirement, financial advisors must now account for life expectancies into the early 90s. However, the simultaneous need for long-term care planning isn’t accounted for nearly as widely as it should be, considering the significant impact that long-term care expenses can […]
Underwriting long-term care risk is very different from life insurance underwriting, and it all comes down to mortality vs. morbidity. Long-term care underwriting looks at morbidity risk, which takes into account medical impairments that impact a client’s ability to perform daily living activities which would indicate a need for long-term care. Life underwriting, on the […]
The Importance of Planning for Long-Term Care Medical advancements have made living a long, fulfilling life a near certainty – and planning for that is a necessity. Health-related expenses can increase considerably with age, especially in the face of health problems requiring long-term care. When families don’t sufficiently plan for long-term care, they may find […]
Let’s face it: people are living longer than ever before. This increased life expectancy means that chances are high that many of your clients will be impacted by a chronic illness or an event requiring long-term care. Because of this, you need to prepare them financially. Continue reading our print-friendly PDF here.
What 6 topics should your family consider?
Situation: Nearly all buy-sell agreements that use life insurance as a funding vehicle do not have the business owner owning his/her own policy. In an entity purchase arrangement (where the business buys back/redeems a departing owner’s interest), the business is the owner and beneficiary. In a cross purchase arrangement (where the remaining owners purchase interest […]
Read our print-friendly PDF version The combination of depressed market values and the historically high gift/estate exemption of $13,990,000 (2025 indexed) opens the door to significant wealth transfer planning opportunities for high net worth individuals and their families. While making a gift of an amount equal to a large part of, or all of, the […]
If you have spent much time listening to financial pundits, you are probably familiar with the phrase “buy term and invest the difference.” This hotly contested concept has been widely discussed in the financial industry for years.1Proponents of this strategy believe that you should purchase a term policy, then invest the difference in premium between […]
Website is for agent use only. Not for use with the general public. Privacy Policy | Terms of Use
Securities offered through Simplicity Investments, Inc. Member FINRA/SIPC. 475 Springfield Ave, Summit, NJ 07901 (303) 797-9080. DBS is not affiliated with Simplicity Investments.
Before investing, research the background and registration status of any firm or financial professional you are considering dealing with at: http://brokercheck.finra.org/
Designed by Apis Productions