Michigan Auto Reform Update
with Ari Fischman
The Importance of Insurance in the Financial Planning Process with Lauren Genuardi
When going through the financial planning process it is important to review your insurance policies. Today Lauren shares her personal experience and the benefits of completing an insurance audit.
This was done in conjunction with Telemus – see important disclosure.
A Strategic Approach to Insurance
Make no mistake: insurance coverage is an investment, one that most people can’t afford to overlook. But studies have found that only 59% of Americans have some form of life insurance, and nearly half of those 59% are underinsured by an average of $200,000. Without adequate insurance coverage, your financial picture may be incomplete.
This webinar was done in conjunction with Telemus on February 12, 2020 – see important disclosure.
The New Reality of Business Insurance
The COVID-19 pandemic has affected every industry, from small retail businesses to enterprise organizations. The insurance industry is not immune to these effects, and business, auto and life insurance policies are likely to undergo significant changes as a result.
This webinar was done in conjunction with Telemus on April 30, 2020 – see important disclosure.
Tax and Estate Planning Strategies for Current Times
The current economic climate is challenging, to say the least: the market has yet to stabilize, unemployment rates are still high, and it is likely that a full recovery could take months or years. Within all of the unrest, there are silver linings when it comes to financial life management.
This webinar was done in conjunction with Telemus on June 9, 2020 – see important disclosure.
64% of people believe they have less than a 2% chance of becoming disabled during their working career. The reality is 25% of people who start their working careers at age 25 are likely to have a disability that knocks them out of work.
Using the Lifetime Gift Tax Exemption to Prefund ILIT
The Tax Cuts and Jobs Act of 2017 (“The Act”) doubled the gift, estate and generation-skipping transfer (GST) tax exemption to $10,000,000 per person, indexed for inflation using the Chained-CPI index…
Interest Rates on the Fall, Planning Opportunities on the Rise!
The Applicable Federal Rate (AFR) and Section 7520 Rate have been falling throughout 2019 due to the lowering of short-term rates by the Federal Reserve and Treasury Bond market yields coming down. Low interest rates can make many income, gift and estate tax planning techniques more effective…
Comprehensive Legacy Strategies
I recently met with a Wealthy Real Estate client who had an estate tax concern. Their net worth was over 11 Million. They were gifting their kids $15,000 annually which is the maximum allowed by the IRS without using some of their lifetime exception…
The Best Laid Business Plans: Have yours gone awry?
Which would you rather do: Make easy sacrifices now for results later? Or make hard sacrifices now as a consequence of something that already happened?
Finding Stability in an Unstable Market
We are currently in the midst of one of the most difficult financial markets to navigate. The stock market is just off all-time highs, interest rates are near historic lows, and our national debt is skyrocketing…
Time for a Financial Check-Up
So all doctors are rich right? They get to live a cushy, easy life, right? Yeah, try not to laugh. We know that’s far from the truth. You had to pay your dues – years of schooling…
You Need an Insurance Audit
Many people overpay for inadequate coverage. To find out if you’re among them, don’t ask Flo; ask a financial planner…
6 Life Insurance Pivots Which May Require an Update
The Life Insurance Industry has become quite creative with their product designs aligning with various economic environments. The problem is that people do not stay as engaged with their Life Insurance policies as they are with their investments or other more short-term…