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
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?
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...
