Life insurance trusts today have lost some of their allure with the raising of the federal estate tax exemption amount. However, a specific type of life insurance trust can have much more than just tax advantages – advantages that last for generations. Most of us have read stories about the dissolution of family wealth over
The single largest personal investment for couples between thirty and sixty years of age is often their personal home. The mortgage payment on a $400,000 home is $2,416 a month, the national property tax rate average is 1.19%, and the average homeowner insurance cost is $2,300. When you look at the total investment over the span of
Guest Post: Thomas Yaeger - Managing Director | Premium Finance Group, Pacific Western Bank Life insurance financing is a way to pay for insurance premiums for the purchase or maintenance of a life insurance policy. The term may also be used to describe the monetization of excess cash value within an existing policy. In a
The family office space has grown dramatically in the last few years. Today, there are over 2,300 family offices that have a minimum of $50 million in assets, which is up 23% from just a year ago. (1) The industry is exploding. These family offices provide a wide array of services to their clients, including
