If you want to convert your life insurance policy to an annuityāor are thinking about itāthere are some key things to take into consideration. Imagine this scenario: Tom will retire in a few years. Decades ago, he opened a life insurance policy to provide security for his young family. His children are grown now and [ā¦]
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Your term life insurance is about to expire, youāre retiring, and the kids are gone. This is a good time to determine your insurance needs and weigh your options. Hereās how to choose the best course of action for your ending-soon term life policy. Start with these 3 questions: Do loved ones need your financial [ā¦]
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Final expense insurance is an option you may consider as you organize your retirement details. In the event of your death, having a plan in place can help family members take care of your funeral and related expensesāwithout financial stress. But where do you start? There are many options to cover end-of-life costs. Additionally, talking [ā¦]
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Weāve all heard the horror stories about working with the Department of Veterans Affairs, affectionately known as the VA, especially when it comes to VA pension applications. You send in your paperwork and it either drops into a black hole never to be seen again or you end up in an infuriating back-and-forth game of [ā¦]
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Do you own an annuity? Annuities are a complicated subject and even more so when it comes to their effect on the Medicaid or VA Aid and Attendance application process. How can an annuity impact a personās ability to qualify for Medicaid or VA benefits in the future? Before I answer the question, letās start [ā¦]
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