Risk Management

Following are some of the major categories and tasks our advisors and I are recommending for clients to get their financial houses in order.

With a well-planned investment strategy, you can navigate today’s market downturn with confidence and get the most out of your golden years. 

The American Jobs Plan — also known as the Infrastructure bill — was introduced by President Biden on March 31, 2021. The plan proposes spending of $2.3 trillion over eight years on a variety of initiatives.

Planning for your long-term care or a loved one’s can be incredibly taxing. The evolution of hybrid policies can consolidate policies while presenting additional premium options to protect your loved one and their finances.

Life insurance can be a useful, tax-efficient tool for ensuring the transfer of wealth and assets across generations – but finding the right structure to support your estate planning goals is crucial. As you begin your estate planning process, an irrevocable life insurance trust (ILIT) can provide a host of tax and non-tax advantages, as well as greater control over a life insurance policy that a last will and testament may not provide.

Spurred by sustained low interest rates and the emergence of COVID-19, important developments are taking place in the life insurance industry. While coverage can still be purchased during the pandemic, it’s important to understand how policies may be changing.

For high-net-worth families and individuals, life insurance can provide benefits that go well beyond replacing income to support beneficiaries when you pass away. Indeed, when included as part of a comprehensive estate plan, life insurance can provide liquidity to pay estate taxes, allow beneficiaries to retain ownership in important assets like family businesses and real estate, equalize inheritances among survivors, maximize your wealth and secure your legacy.

No one likes to think about not being able to take care of themselves, but—like it or not—it’s a very real risk.

Protecting you and your family’s wealth and long-term goals is the cornerstone of any wealth management plan—with insurance serving as one of the first lines of defense if disaster strikes.