“Not My Family!” Strategies To Avoid Wealth Destruction

The objectives of successful wealth transfer planning and inheritance planning are both financial and succession oriented. Too often, all the

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Succession Planning Tips. Easing the Transition of Your Business

  Each time a family business successfully transitions from one generation to the next, it is quite an achievement. It

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Life Insurance Industry Must Do Better Controlling The Important Conversations.

  Can you remember a life insurance company ad campaign targeting the LPGA, The Masters, The World Cup or the

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Does Your Retirement Plan Provide You With Enough Guaranteed Lifetime Income?

With interest rates at historic lows and people living longer, guaranteed lifetime income is critical to a secure retirement plan.  I

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Women Face Unique Threats In Retirement – CNBC’s Epperson On Why Annuity Should Be Part Of Plan

A big part of our practice is focused on helping women create security for themselves, their families and their retirement.

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Life Insurance Without Commission Means Better Value.

“Bernstein…has introduced what are essentially no-load and low-load policies to the life insurance business…That could mean huge savings for policy buyers.” Forbes
“Low-load Life Performs Better For Clients, Companies” National Underwriter

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Thirty years ago, I created, designed and introduced permanent life insurance policies without built-in commissions to the U.S. life insurance market. The concept quickly became known by several different names such as “no-load life insurance”, “life insurance without built-in commissions” and “fee-based” life insurance. Simple and straight-forward, it was well ahead of its time and perceived to be very disruptive in the distribution system of life insurance. We created life insurance products that eliminated the traditional selling costs that were historically priced into life insurance policies. The first year commissions (often 100%-200%), renewal commissions (totaling another 100%), overrides, expense reimbursements and numerous others were ALL eliminated from the pricing of the products I introduced to the market. The impact can be seen as better performance, lower premiums, immediate cash surrender value and complete transparency.

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