White Elephant Inheritance
Have you ever had to deal with a “white elephant”? Not the actual pachyderm, but what Merriam-Webster calls “a property requiring much care and expense yielding little profit” or, more simply, “something of little or no value.” Of course, we’re not talking about the sort of “white elephants” you […]
The Basics of Irrevocable Life Insurance Trusts
“I’m proud to pay taxes in the United States; the only thing is, I could be just as proud for half the money.”
-Arthur Godfrey
The irrevocable life insurance trust (ILIT) can be an important estate strategy tool that […]
Retiree Health Care Coverage Overseas
According to the AARP, an estimated 44% of Americans over the age of 50 expect to travel internationally in 2025.1
Overseas travel may be one of the more popular aspirations in retirement, but it does […]
How to Protect Your Home Against Flood Loss
The financial loss that comes with flooding can be devastating. The average flood claim payout from the National Flood Insurance Program is over $66,000. Yet, many Americans are not protected against flood damages, primarily because flooding is not covered under a standard homeowners policy.1
Low vs. High Risk
Even if you are in […]
How the Federal Reserve Works
Have you ever taken a close look at paper money? Each U.S. bill has the words “Federal Reserve Note” imprinted across the top.
But many individuals may not know why the bill is issued by the Federal Reserve and what role the Federal Reserve plays in the economy. Here’s an inside look.
The Federal Reserve, often […]
