(2 Minute Read) There are numerous scenarios where a person no longer needs or wants their life insurance policy. Perhaps they have retired and find that their policy is not needed, or their monthly premiums have become too costly. Whatever
Author Archives: Leo LaGrotte
Whole Life Settlement vs. Term Life Settlement
Should I Surrender My Life Insurance Policy?
(3 Minute Read) Feeling uncertain about your financial standings? Turns out that you might not be alone, as recent studies show that about half of all Americans say their costs and debts are equal to their entire income, leaving them
Three Types of Retirees That Benefit from Selling Their Life Insurance Policy
(3 Minute Read) Many advisors hesitate to share the news about life settlement opportunities with their clients because it doesn’t always seem like a natural fit. Selling a life insurance policy to a third party for a lump sum of
How to Surrender a Life Insurance Policy
(3 Minute Read) As a senior citizen, planning your estate’s future should be one of your highest priorities. Though you may have savings or a pension plan, it’s important to continue keeping a look out for any potential revenue streams,
The Benefits of a Life Settlement for a Senior
(3 minute Read) When you reach retirement age, you probably envision yourself having a lot of fun. Be it trips to the beach or traveling to the Grand Canyon, your retirement should be all about getting the most out of
How to Budget for the High Costs of Living in Retirement
(4 Minute Read) The landscape of retirement has changed substantially since the days of company pensions, company provided health insurance, and secure Social Security benefits. Many seniors are facing high costs of living in retirement and crunching the numbers before
Going Above and Beyond: The Advisor’s Guide to Wowing Senior Clients
(3 Minute Read) When you work with senior clients, of course you take specific intentional actions that help ensure you can build client trust and security. But the resources you can offer your senior clients are growing and it’s important
Protecting Your Senior Loved Ones From Financial Abuse
(5 Minute Read) Caring for senior loved ones is a difficult job, and means taking steps to protect the elders in your life from falling prey to scams and other kinds of financial abuse. In fact, one in every five
Seniors: Don’t Fall Prey to These Social Security Scams
(4 Minute Read) It’s a scammer-eat-scammed world, and more and more scammers are preying on senior citizens than ever before. In fact, 26% of all scam fraud complaints that the Federal Trade Commission tracks involve people over 60, the largest
5 Tax Breaks Retirees Don’t Want to Miss
(3 Minute Read) Tax season can be a stressful time for anyone, but seniors juggling fixed incomes and balancing their budgets often find it to be particularly straining. As you prepare your taxes, don’t forget these 5 senior retiree tax
