Insurance and Risk Management

Should you have any existing insurance policies, we will begin with a review of the details of each policy, and an analysis of both the original intention of those policies, as well as whether and how those policies are still appropriate for your current circumstances.

In conjunction with your financial plan, we will review your possible exposure to risk, and your insurance needs if any.  This would include income replacement, education funding, and liability repayment, to name a few.  Should you need an insurance policy, we will work with our partners to place a policy that is appropriate for you.

One of the most important asset and estate protection strategies is ensuring your ability to fund long-term care should the need arise.  Our team carefully selects asset-based long-term care providers, allowing our clients to accelerate their life insurance death benefit to help pay for the care they need.

For larger estates, many times a combination of a trust and a life insurance policy are used to take advantage of current gifting policies, as well as to plan for and eventually help fund future estate tax liabilities.  We have worked through these cases with several clients, devising and implementing strategies combining insurance with prudent tax and estate planning advice.