Life insurance is, usually, purchased to provide financial support for your family upon your death. A pre-arranged sum of money is disbursed to your loved ones to be used in any way they choose—from paying off your mortgage, student and auto loans, and taxes, to replacing your income for theContinue Reading
Whole Life Insurance Premiums: How Flexible Are They? A few of the most common questions I often hear from clients when they are considering buying a Whole Life Policy are “Do I have to pay the premium for the rest of my life?”, or, “What if I can’t make aContinue Reading
One of the aspects I like most about my role in advising clients is that we get to talk about a lot of topics! We talk about family and goals, we talk kids, and of course, we talk about money. Unfortunately, talking about money can be one ofContinue Reading
Well-known Stamford Connecticut philanthropist Thomas Ruddmucker passed away last week. And while he was known for his generosity, his last act in life is seen as beyond ‘generous’: more like completely outrageous to many. Ruddmucker’s last will and testament revealed that he had bequeathed the entirety of his Whole LifeContinue Reading
For many people, regular physical exercise can be a challenge. It can take a lot of discipline and work when choosing to keep one’s body healthy. Fitness experts all the time tell individuals to stay consistent because typically, results don’t come immediately – however, they eventually do come. Just likeContinue Reading
Ironically, the one constant you can always count on in life, is change. Some change, like age or illness, you can’t control; other change, like getting married or having children, you can. But either way, as your life circumstances change, so do your responsibilities and financial needs. Life Insurance wasContinue Reading
Matilda Rose Ledger vs. ReliaStar Life Insurance Company: 2 Year Contestability Period – Part 1 Heath Ledger died of what was ruled an accidental drug overdose. So why did Ledger’s three-year-old daughter, Matilda Rose, have to sue for the $10 million claim? Ledger’s life insurance company, ReliaStar, did not denyContinue Reading
Protect Your Assets with Annuities and Life Insurance At Paradigm Life, our concern is not limited to how you earn, use, borrow and grow your money—we are also concerned with how you protect your money. In fact, we recognize and stress the importance of protecting ALL of your assets. ToContinue Reading
How many times have you heard that there are only two things certain in life – death and taxes? We all seem to leave this life in the same way, and while we are alive we do everything we can to avoid taxes. Fortunately, there is a financial vehicle thatContinue Reading
With the April 15th deadline for filing your personal income taxes looming, I figured it a good time to review the tax benefits of permanent life insurance. While I am not an advocate of investing solely for tax reasons it’s important to understand how your investing strategy is impacted byContinue Reading