Life Insurance Awareness Month

Life Insurance Awareness Month

Life Insurance is a scary subject.  Why?  Because it means we have to talk about the inevitability of death.  But here’s why it’s important to talk about it. How many times have we been invited to a plate sale to help support a family who unexpectedly lost a loved...
Life Insurance Premium Financing

Life Insurance Premium Financing

It’s too often improperly presented, implemented and managed. Fundamentals of Financing. First, it’s a good idea to look back to the general fundamentals of financing. Financing comes into play when someone needs or wants to purchase an asset of something but...
When Are IRA Distributions Not Included in a Spouse’s Gross Income?

When Are IRA Distributions Not Included in a Spouse’s Gross Income?

In Private Letter Ruling 201831004 (released Aug. 3, 2018), the Internal Revenue Service ruled that a decedent’s individual retirement account wasn’t an inherited IRA and that his surviving spouse would be treated as the payee of the IRA proceeds because she made a...
Fed Pauses As Expected But Tightening Still On The Schedule

Fed Pauses As Expected But Tightening Still On The Schedule

The Fed kept policy steady on Wednesday while signaling it views another rate hike is likely as soon as September. At a two-day meeting that ended Wednesday, the Fed voted unanimously to keep its benchmark federal-funds rate in a range of 1.75% and 2%. In a statement,...
5 Signs You Need to Up Your Life Insurance Coverage

5 Signs You Need to Up Your Life Insurance Coverage

From lifehappens.org. Depending on the type of life insurance policy you have, you could be covered anywhere between one year and the rest of your life, depending on if you have term or permanent life insurance. But if you’ve had a policy for a while, it might no...