By Sandy John, Contributing ReporterThe longer you live, the more likely it is that you’ll need some sort of care, according to the Administration on Aging. In its report, “A Profile of Older Americans: 2001,” the agency notes that more than a quarter of those aged 65-74 report they
By Sandy John, Contributing ReporterInsurance is all about covering risk. People with a chronic condition, cancer survivors, even those with risky hobbies may find that they don’t qualify for standard insurance rates because they are considered an impaired risk.The most common reasons
With the continuing global economic crisis, there has been a lot in the press recently concerning the importance of life insurance at such a time and whether it is even certain that we’ll receive our money when we are due it. This is particularly relevant in the UK at the moment
How can you pay your bills if you can not work? Where would the money if you have developed serious illness or an accident that kept disabling you outside of work for months – or years?An often repeated that nearly a third of people of working age have a disability lasting at least
For most retirees living on fixed incomes, every penny account. Unfortunately for them, every dollar counts to the Internal Revenue Service, too. Retirees whose income – including half of social security benefits and income from capital, such as tax exemption of interest from municipal
category: * Life Insurance * Term Life InsuranceLife InsurancePeople understand these days that they could be leaving their families with a lot of problems when they die. It is very possible that the unpredictability of death would allow the people who are left behind struggling
category: * Life Insurance * Whole Life InsuranceLife InsuranceBuying life insurance can be a major decision, especially when you want to make sure that the policy you purchase is going to meet the specific needs of you and your family. You might decide that you don’t need
category: * Life Insurance * Term Life Insurance * Whole Life InsuranceLife InsuranceLife insurance is a contract between an insurance company and a policy owner in which the insurer agrees to pay an amount of money in the event of the insured person’s death or other circumstances
category: * Life Insurance * Term Life InsuranceLife InsuranceTerm life insurance is a pure risk type of insurance that builds no cash value for premium payments. The premiums for this type of insurance generally increase each year as the insured person gets older. This is designed
Provided by Gary S. Wolfe, A Professional Law CorporationPrivate placement life insurance is a pre-emptive IRS audit tax strategy that transforms taxable ordinary income and capital gains into tax-free income (with no income tax reporting required under current U.S. Law). Please reference