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Whole Life Insurance Policy

The following article is meant to serve as a whole life insurance wiki or encyclopedia, which acts as a broad overview of whole life insurance and all things pertaining to whole life policies. As you read through the article, please be aware of the many links provided that will take you to articles on the […] Read More

structured settlement annuity

A large, lump-sum settlement of a legal claim can seem like manna from heaven.  You can take care of unpaid medical bills, make up for lost wages due to missed work-time, or even pay for a vacation to relieve some of the stress from the lawsuit. But big lump-sum payments also raise some potential problems. […] Read More

Last Will and Testament

will and testament

Defining Last Will and Testament A last will and testament is a legal document that expresses the desires of a decedent (someone who has died) as to what will happen to his or her property and assets upon his or her death.  In order for a will to be legally valid it must spell out […] Read More

how to set up a living trust

How To Create a Living Trust A revocable living trust allows you to set up a plan that protects your estate both in life and in death. In life, the living trust allows your trustee to take charge of your estate if you are diagnosed as incapacitated. In death, your living trust allows your chosen […] Read More

Annuity Taxation

Are annuities taxable? The short answer is yes. However, the long answer is much more nuanced as you will discover in the following article covering the taxation of annuities. Taxation of Annuities When you buy an annuity contract, you’re paying the insurance company a large lump-sum payment up front in exchange for the right to […] Read More

Why is Life Insurance Important

The Importance of Life Insurance To understand why life insurance coverage is important it helps to use the visualization process: picture what would happen to your loved ones if you were not around. Who would pay the mortgage? Would there be sufficient funding to send the kids to a good school? Would there be enough […] Read More

Single Premium Immediate Annuity

SINGLE PREMIUM IMMEDIATE ANNUITY The need for consistent, reliable income during retirement is nothing new.  In ancient Rome, retired legionaries received lifetime payments as a reward for their service to the state.  From the Latin term for the soldiers’ payments, annua, comes the modern word “annuity.”  And, appropriately, annuities are designed to address the same […] Read More


In the following Annuity Guide, we provide the essential information you need to equip and empower you to make an informed decision about annuities and if an annuity is the best option for you. If you have any questions, please don’t hesitate to reach out to us. Annuities Any retiree with a pension can attest […] Read More

What is a testamentary trust

What Is a Testamentary Trust? A testamentary trust is an estate planning device which creates a trust pursuant to a person’s will upon that person’s death. The testamentary trust does not come into being until the grantor’s death, when a trust is created to hold some or all of the decedent’s assets and property, however […] Read More

what is a pour over will

What Is a Pour Over Will? A pour over will is a type of estate planning tool that involves both an existing trust as well as a regular last will and testament. The mechanics of the process with a pour over will are that the person’s assets and property are placed into an already existing […] Read More