There is no magic formula to determine the amount of life insurance you will need. However, you can make a reasonable estimate if you consider your present financial situation and...
Posted by Rosovich & Associates, Inc. on 03/30/2021
One of the main advantages of life insurance is that payment to beneficiaries is free. Because life insurance benefits in the event of death can run into the millions of dollars, it's...
Posted by Jim McClaflin, EA, NTPI Fellow on 03/29/2021
Are you wondering if there is a hard rule on taxable income and non-taxable income? The answer is simple: all income is taxable unless it is expressly excluded by law. But, as you've...
Posted by Elliot Kravitz, ATP on 03/17/2021
If you or someone you love is thinking about a viatical settlement, you might be wondering if you have to pay taxes for your payout.Most people seem to believe that all income from...
Posted by Elliot Kravitz, ATP on 01/26/2021
Would you grab the opportunity of getting the flexibility of adjustable life insurance premiums and face value and an opportunity to increase cash value? What if without the inherent...
Posted by Unifirst Financial & Tax Consultants on 11/12/2019
A lot of life insurance policies exist, and some insurance policies such as term insurance policies are actually very cheap, but dividend paying whole life insurance offers some very...
Posted by Unifirst Financial & Tax Consultants on 02/19/2019
Indexed universal life insuranceThe term indexed universal life insurance refers to a form of permanent life insurance. Indexed Universal life insurance remains effective throughout...
Posted by Unifirst Financial & Tax Consultants on 02/19/2019
If you do not wish to get the payments partially then getting the single premium life insurance is the best option for you. It can be overwhelming for some people to buy the insurance...
Posted by Unifirst Financial & Tax Consultants on 03/01/2018
Life insurance companies are not closed due to the COVID-19 pandemic. Many of these companies, however, have come up with solutions in a bid to meet up with demands and increase sales....
Posted by Advanced Accounting & Tax Planning on 05/17/2020
