Do you know exactly what would happen to your family financially if you didn’t wake up tomorrow?
We often remind clients that the question of how their portfolio is invested should be a secondary concern. The most fundamental and critical issue is having a financial plan in place which includes tax and estate planning where your insurance needs are assessed.
Life insurance not only provides peace of mind to you and your loved ones but can be an essential part of a sound financial plan.
Here are a few points you should review with a professional every few years:
- Are the policies you own optimal from an estate planning standpoint?
- Do your beneficiary designations still accurately reflect your goals and plan for your family?
It’s important to explore ways to use life insurance as part of your comprehensive financial plan to meet your goals. If you aren’t sure how to do that, contact a professional who can help.
Thinking about hiring a professional to help you implement a long-term financial strategy? We would be more than happy to set up a 30-minute discovery call to get a better understanding of your unique situation.
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