Surfers know how to get above a wave and ride it to the shore. The 2017 Tax Cuts and Jobs Act (TCJA) created a gnarly wave for wealth preservation; estate tax exemptions have crested at double the previous limit – for a limited time only. People can give or inherit more than ever – without… Read more »
Most Estate Plans include some form of life insurance; likely a permanent life insurance policy that helps them ensure their legacy after they die. However, there is sometimes a still a home for term life insurance within an estate plan. Term life insurance provides coverage for only a period of time (as agreed between the… Read more »
Picture This: Your daughter Lupita and her husband Armando love your $5 million home and cherish the memories they have had there. After you have passed away, and they inherit the home, they decide not to sell. You have arranged for them to own the house outright, and they don’t have to pay any estate… Read more »
What you Don’t Know Can Hurt You Many people don’t realize that the terms of a life insurance policy may be subject to change. Unbeknownst to them, some of the key elements of the policy may shift, making the policy barely recognizable, and in some cases, no longer beneficial. According to a recent survey, 60% of… Read more »
According to the Social Security Administration, about one fourth of the 65-year-olds today will live past the age of 90, and one in ten will live past the ripe age of 95. The latest research shows that this current generation of men is expected to live 7 years longer than the previous generation; women are… Read more »
