Plan sponsors that focus on health and wealth are often more likely to implement other benefits that they would not have been considered before, including life insurance, supplemental health benefits, and executive and retiree medical and retirement benefits, Caldwell added.
Liquidating assets can trigger unwanted capital gains taxes or force clients to sell at less-than-ideal times. That’s where a securities-backed line of credit (SBLOC) comes in . . . and why it’s worth your attention.
Estate planning is often associated with extreme wealth, but it’s essential for clients at every level. It ensures assets are transferred with clarity and care, reduces confusion, avoids delays and protects families during difficult times. Here are eight essentials of an effective estate plan and why they matter for everyday families just as much as millionaires.