Services

Insurance and Asset Protection


Insurance Key Questions:

  • How does your life insurance fit into your total financial plan?
  • How has your life changed since you last spoke to your insurance professional?
  • Were interest rates significantly higher when you purchased your traditional life insurance policy?
  • Do you own Variable Life Insurance?
  • Do you know reasons why your life insurance might lapse?
  • If you own term insurance, when does it terminate?
  • What are your family's top priorities today? What will they be in 5 to 10 years?

Some of the threats to the retirement nest egg are:

  • Divorce
  • Lawsuits
  • Liability on Loan Guarantees
  • Suits by employees (discrimination, sexual harassment and wrongful termination)
  • Malpractice Suits
  • Government Civil Action

The Financial Advisor's Role - Inform/Motivate the Client to:

  • Carry adequate malpractice, property, and casualty and personal umbrella coverage.
  • Watch what you sign!
  • Use the Proper Form of Business Organization
  • Choose Investments Wisely
  • Giving up Control
  • Keeping it in the Family

Using Trusts:

  • Trusts require the loss of control and are irrevocable
  • Spendthrift Trusts
  • Lifetime Q-Tip Trust
  • Foreign Sites Trust