SERVICES
We build custom strategies to create your legacy through these core services.
01
Business Planning
Sole Proprietorships, Partnerships, Corporations and Limited Liability Companies
Planning is one of the most important parts of running a business. Whether you’re a large multinational corporation or a small business, our financial services firm has the knowledge and resources to help keep your company on track.
Business Insurance at a Glance
Business insurance is the term used in the insurance industry to describe the use of life insurance and disability income insurance for certain financial needs of businesses and business owners. Business insurance can help to address the needs of a business owner using insurance products:
- Economic loss to the business when a key employee dies
- Disposition of a business owner’s interest upon death or other separation from the business
- Attraction and retention of valuable employees and
- Rewarding faithful employees
Items We Address
We may use information that we collect about you or that you provide to us, including any personal information, for any purpose including, but not limited to:
- Financial statements
- Business Continuation Concepts
- Employer owned life insurance
- Key employee life insurance
- Group term life insurance
- Business valuation
- Executive bonus arrangements
- Cafeteria plans
- Entity buy-sell agreements
- Cross-purchase buy-sell agreements
- One-way buy-sell agreements
- Disability buy-out agreements
- Section 303 stock redemptions
- Shifting future business growth
- Transfers for value
- Executive bonus arrangements
- Split-dollar life insurance
- Nonqualified deferred compensation
02
INVESTMENTS
Annuities
Annuities can be a big part of retirement strategy. An annuity is designed to accept and grow funds and then, upon annuitization, pay out a stream of payments to the individual.
Types of Annuities
- Fixed Annuities
- Deferred Annuities
- Variable Annuities
- Indexed Annuities
- Income Annuities
- Single Premium Immediate Annuity
Benefits of Annuities
Withdraws are subject to ordinary income tax and if taken prior to age 59 ½ may be subject to a 10% federal tax penalty.
- Receive tax-deferred growth and compounding within the annuity contract
- Guaranteed rates of return on investment
- Guaranteed lifetime payments if you annuitize
IRAs
IRAs are investment vehicles designed to secure your retirement. Their primary benefit is tax deferral on earnings and growth until withdrawal.
Types of IRAs
Business insurance is the term used in the insurance industry to describe the use of life insurance and disability income insurance for certain financial needs of businesses and business owners. Business insurance can help to address the needs of a business owner using insurance products:
- Traditional IRA
- Roth IRA
- Spousal IRA
- Rollover IRA
- Stretch IRA
Benefits of IRAs
Withdraws are subject to ordinary income tax and if taken prior to age 59 ½ may be subject to a 10% federal tax penalty.
- Tax-deferred strategies
- Flexibility to invest in a range of financial products
03
LIFE INSURANCE
Life insurance provides financial support for your loved ones in your absence, covering expenses like loss of income, debts, education, mortgage payments, and more. We address crucial questions such as: How much insurance is necessary? and What types of insurance suit your circumstances? Our Financial Services Professionals are dedicated to crafting a suitable strategy for you.
There are two types of Life Insurance:
- Term Life Insurance – an easy, affordable coverage set for typically 10 to 30 years.
- Permanent Life Insurance – lifetime coverage with potential to build equity (cash value); options for more flexibility.
Term Life Insurance
Term insurance is an affordable coverage that offers protection for a specific number of years. Many people choose to supplement their permanent insurance with term insurance.
Benefits
- Get the most amount of coverage at affordable prices
- Cover specific items like house payments or educational expenses
- Supplement permanent life insurance as needed
Permanent Life Insurance
Permanent life insurance is lifetime coverage with a potential to build equity (cash value), and has more options for flexibility.
Types of Permanent Life Insurance
Business insurance is the term used in the insurance industry to describe the use of life insurance and disability income insurance for certain financial needs of businesses and business owners. Business insurance can help to address the needs of a business owner using insurance products:
- Whole Life Insurance - fixed premiums, guaranteed death benefit, and cash value growth.
- Variable Universal Life Insurance - flexibility to change payments, premiums and death benefit; option to take investment risks in return for a possible higher cash value.
- Universal Life Insurance - flexibility to change payments, premiums and death benefit options.
- Survivorship Life Insurance - provides a benefit to beneficiary after one person passes away.
04
DISABILITY INSURANCE
Many people take out insurance policies for their homes and cars, but forget about their most important asset – the ability to work and earn a living. If you become ill or are injured and cannot work, disability insurance can help replace a portion of your income to help cover financial needs.
Types of Disability Insurance
- Individual Disability Income Insurance
- Employer-Provided Disability Income Insurance
05
CHARITABLE GIVING
A charitable contribution is when you donate money (which can include securities or business ownership interests), goods or services to an organization and deduct the market value of this contribution on your income tax return. Life insurance is often used in conjunction with charitable giving. But even when this is not the case, there are creative techniques that can be applied to charitable giving. When it comes to charitable giving, we have the knowledge and resources to help you make informative decisions with confidence.
Items We Address
- Charitable giving overview
- Rules for deducting charitable contributions
- Gift of life insurance policy
- The capital-replacement technique in which life insurance replaces assets committed to charity (AKA wealth replacement)
- Income tax charitable deduction
- Charitable remainder annuity trust vs. unitrust
- Charitable pooled income funds
- Charitable gifts of remainder interest in personal residences and farms
- Charitable gift annuities
- Charitable lead trusts
- Charitable giving and retirement assets
- Converting an asset to an income stream with a CRT
- Supplementing retirement income with a CRT
- Charitable gifts to public charities and private foundations
06
RETIREE SERVICES
We'll help you understand and compare plans so you can choose what’s best for you.
What We Offer
Ancillary Benefits
- Vision
- Dental
- Cancer
- Accidents
- Hearing
- Fitness
Benefits
- Medicare Education Workshops
- Medicare Supplements
- Long-term care
- Life insurance
Questions We Answer
- What is Medicare?
- What are my options and benefits with Medicare?
- What are the differences in Medicare Supplements, Medicare Advantage and Medicare Part D Plans?
- What are the new Medicare changes and benefits?
- What if I made a bad decision, can I change my mind?
- When are the enrollment windows and timing?
- What Medicare resources are there to help me?