Planning for future care needs is a top concern as people age. One of the options to help alleviate this concern is to look at products with chronic illness (CI) or long-term care (LTC) coverage. Many products can provide CI or LTC coverage in addition to a death benefit. If you have an existing life insurance policy that no longer meets your needs, consider using a 1035 exchange to help repurpose your old policy into two new policies that will help secure both your death benefit and future care needs. A 1035 exchange split can be an effective tool to... Read More

Generational wealth is an aspect of financial planning that is geared toward passing down stable, significant financial resources to future generations. But can anyone really teach wealth? If all it took was knowledge to become wealthy, then most business people, professors, financial planners and others would be very wealthy. The reason they’re not is because becoming wealthy requires a lot more than knowledge. It requires hard work, discipline, sacrifice and many other traits that are very hard to teach and pass on. The generation that earns the wealth is the generation that worked and experienced hardships to make sure they achieve... Read More

Just like Estate Planning, there are many things to consider when looking into Long-Term Care Planning. Long-term care is the biggest risk to your financial health as you age and is often missed. To learn how you can protect your wealth, call our office at (214) 484- 0150.... Read More