Insurance

Guiding your assets with sound direction and  solid support offers you unlimited opportunities.

Guiding your assets with sound direction and
solid support offers you unlimited opportunities.

The foundation of a sound financial plan often includes insurance. For families with dependents it is critically important that any unfunded liabilities be counter-balanced by life insurance proceeds so that a spouse’s or partner’s premature death does not shatter the family’s college education or retirement hopes and dreams. Insuring against this possibility is both a necessity and a responsible part of the planning process.

As clients approach retirement, protecting against the cost of a long-term illness is another area where funding this liability through insurance may be important. More people are living longer in nursing home settings and the cost of this care can impoverish the healthy spouse or partner.

Long term care insurance can be a cost effective way to provide financing for ongoing care at home or in a nursing home.

For those who have attained financial success, life insurance may become important as a planning technique to ensure that the transfer of family wealth to the next generation will occur in a way that minimizes estate shrinkage and maximizes the amount of family wealth that will pass to children, grandchildren and other loved ones.