1. What does a life insurance trust do? Irrevocable life insurance trusts give you more control over your insurance policies and the money that is paid from them. It also lets you reduce or even eliminate estate taxes, so more of your estate can go to your loved ones. 2. What are estate taxes? Estate[…]
Taking time to prepare now means less stress later. It’s never too early to start estate planning, and if you already have a family, getting your personal affairs in order is a must. The sooner you start planning, the more prepared you will be for life’s unexpected twists and turns. The following tips, aimed at[…]
Estate planning rarely gets the attention it should get. Saving for your children’s education, purchasing a second home, deciding when and how to retire — these are all topics that people talk about with their friends and their financial advisers. But deciding what happens to whatever is left of your money when you die is[…]
As we have pointed out numerous times at Council for Disability Awareness, your ability to earn income is your most valuable asset. We tend to insure our property, but overlook the source that makes it possible to maintain our lifestyle—the ability to earn income. But what about disability insurance for the self-employed? Could it be[…]