Restricted Property Trust — A Pro/Con
Are Restricted Property Trusts just another business-owned life insurance scheme or a legitimate way to avoid taxes and save for retirement?
Are Restricted Property Trusts just another business-owned life insurance scheme or a legitimate way to avoid taxes and save for retirement?
3/4 of physician whole life insurance purchasers regret their decision. Why is that? Mostly because it is a product designed to be sold, not bought.
Revelations into the mindset of what it's really like to be a financial advisor for Northwestern Mutual and other firms pushing insurance you don't need.
The Myths of Whole Life Insurance series is back and the agents selling it haven't given up yet. With huge commissions to be had, they keep switching sales techniques until they find the one that works on their current mark!
Whole life insurance has no downsides, says the agent. Say what? If your agent is such a fanboy that he can't articulate the downsides of a WL policy, you need a new agent.
In this episode we cover disability insurance, loaning money to family members, buying Facebook shares, student loan management, backdoor Roth IRAs, saving on your mortgage rate, whole life insurance, and more.
In this episode, we revisit whole life insurance and discuss some situations in which you may want to buy or keep the policy you were already sold. Plus answer lots of reader questions.
[Editor's Note: I received this guest post from financial advisor Bryan Kuderna, CFP, LUTCF. Like most of the stuff I see written about whole life insurance, it focuses on the positives and ignores th...
There are few winners in any lawsuit. But that doesn't mean the rest of us can't learn something from them.
Whole life insurance is pitched to almost every doctor, and perhaps 1/3 of them buy a policy. Unfortunately, most of those end up regretting their decision. Here's what you need to know about whole life insurance.
Life insurance for children is a product made to be sold, not bought. While inexpensive, there are better ways to show your kids you love them.
Did you know you could reduce whole life commissions by 85%? Neither did I until I read Chuck Hinners' Insider Trading in the Life Insurance Market. Get yourself a fee-only insurance advisor before buying permanent life insurance!
Almost every doctor has been approached by a whole life insurance salesmen. Many of us have mistaken them for an impartial financial advisor and bought what they were selling, only to realize what happened years later. Then what?
There are lots of smart ways to get rid of your whole life policy. Here's another one you might like, exchanging it for a MEC.
Variable universal life insurance policies (VUL) are complex financial instruments. The very wealthy may get substantial tax benefits from using one, but most doctors probably won't. Since it requires a life-long commitment, think very carefully before buying one.
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