Urgent Estate Planning Strategies for the Upcoming 2026 Tax Exemption Changes
Dear Valued Clients, As you may be aware, the Tax Cuts and Jobs Act of 2017 (TCJA) significantly increased the lifetime estate and gift tax exemptions to $13.61 million for individuals and $27.22 million for married couples. However, these elevated exemptions are set to expire on January 1, 2026, and without new legislation, they will […]
Why Billionaires Buy Life Insurance
Liquidity, Liquidity, Liquidity!By: Richard S. Bernstein, Amb. Robin Bernstein(ret.) and Arthur L. Bernstein Even billionaires need insurance policies (79 Florida Billionaires are among the World’s Richest: Forbes 2024 List) to protect their vast assets, massive homes, golf courses, businesses, and substantial liquidity needs. The record for the world’s most valuable insurance policy ever purchased is […]
Enhance Your Guaranteed Income Stream
Enduring and Dependable Financial Tools to Consider for Retirement Retirement today markedly differs from the experiences of previous generations. With advancements in healthcare and quality of life, individuals now have the potential to live longer, presenting the challenge of ensuring that their financial resources can sustain them throughout their lifetime. A pivotal concern for those […]
Spring Cleaning and Clearing The Clutter
Dust Off and Review Your Insurance Portfolio March heralds the arrival of spring, a season synonymous with “Spring Cleaning” a time when many of us embark on decluttering our homes and lives, ridding ourselves of the unnecessary. Items deemed as real junk find their way to the bin, be it trash or recycling. Meanwhile, the […]
Digital Transformation in Life Insurance: Navigating the Future
In an era where technology reigns supreme, the life insurance industry is undergoing a profound digital transformation, revolutionizing the way policies are managed and accessed. For the discerning affluent audience aged 45-70, this shift promises convenience, efficiency, and enhanced customer experiences. Streamlined Online Applications Gone are the days of lengthy paper forms and cumbersome processes. […]
Wealth Preservation Through Life Insurance Strategies
In the realm of financial planning for affluent individuals, life insurance has emerged as a powerful tool for securing a family’s inheritance and mitigating the impact of estate taxes. As a seasoned life insurance agent, I often witness how strategic life insurance planning can be a game-changer for those with substantial wealth. One of the […]
Important Estate Planning Considerations for 2024
A Broad Plan Should Be Part of Your New Year’s Resolution With the New Year, it is always a good idea to review your estate plan and consider three important objectives: Questions or Concerns? Make a New Year’s Resolution to call us for a confidential consultation with our expert advisors at 561.689.1000 ext. 103 who […]
Strategic Positioning with Life Insurance
Even billionaires need insurance policies (77 Florida Billionaires are among World’s Richest: Forbes 2022 List) to protect their vast assets, massive homes, golf courses, businesses, and huge liquidity needs. The record for the largest insurance policy ever purchased was for $201 million dollars, bought by an unnamed Silicon Valley billionaire and confirmed by the Guinness […]
6 Important Reasons You Should Own Life Insurance
One of the most common motives people buy life insurance is to provide for their heirs upon their death, but did you know that life insurance can do· more than just replace someone’s income? Below are six important reasons to own life insurance:
The Pitfalls of Life Insurance Settlements
People are often savvy with their financial investments, including purchasing a life insurance policy. So, they would use their best judgment and seek wise advice when selling them. But, unfortunately, too often, that does not happen. Sometimes, in haste and needing more information, individuals cash out their life insurance policies for thousands, if not tens […]
