buy sell
LTC Planning in Retirement
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
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 Long-Term Care Talk
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 […]
Paying For Long-Term Care
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.
Planning for Blended Families and Second Marriages
What 6 topics should your family consider?
Is it Possible to Fund a Buy-Sell Agreement with a Personally Owned Policy?
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 […]
The Many Ways to Structure a Gift Transfer
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 […]
It’s Time to Change the Focus of ‘Buy Term, Invest the Difference’ Arguments
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 […]
Men are from Mars & Women from Venus in the LTC Universe
Situation: A financial representative called her dedicated DBS Case Design Analyst with concerns about balancing the life insurance and long-term care goals of a married couple. Her client’s husband refused to attend a planning meeting to discuss long-term care, but always attended meetings in the past. The client was very interested in discussing long-term care […]
