The face value of life insurance policies continues to trend upward. In the decade between 2013 and 2023, the average purchase value increased by over $40,000. But what happens if you no longer need some or all of your policy? Maybe you’d

Life moves quickly. Changes in health, retirement income needs, or shifting estate plans can make money tight. At the same time, you might not have the same life insurance needs you had years ago. As a result, you may be

Selling a life insurance policy through a life settlement can unlock significant financial value, but the transaction may also have tax implications. Many policyholders are unaware that the proceeds from a life settlement may be partially taxable, depending on factors

You’ve paid into your life insurance policy for years. But now, you might be asking — is it still serving its purpose? Maybe the premiums are eating into your savings. Maybe the original reason you bought the policy no longer

Lapsed life insurance policies are commonplace. According to data from AM Best, 7% of all active life insurance policies lapsed in 2024 — up from 5.1% in 2023. In some cases, financial challenges such as higher premiums combined with fixed

Many policy owners assume that selling a life insurance policy automatically triggers a large tax bill. In reality, life settlement taxation is layered. Some of the proceeds may be taxable, while other portions are often excluded altogether. But in the

High-net-worth and senior clients rarely rely on a single financial advisor. Their financial lives touch the desks of CPAs, estate attorneys, insurance agents, financial advisors and trust officers. Each brings specialized expertise, but the lack of coordination often leaves valuable

Americans now face a new “triple threat” to retirement security: Rising inflation, increasing healthcare costs, and changing tax laws. These three forces don’t just add pressure; they multiply it across all aspects ofretirement. Seniors may choose to keep working longer

You paid into your term life policy for years, maybe decades. But now the premiums feel like a burden, and the coverage isn’t as relevant as it once was. You’re not alone. Thousands of people ask the same question every

Stock market swings are inevitable and actually a sign of a healthy economy. While market dips are often nerve-wracking for everyday investors, many can eventually recover their losses if they hold on and ride the wave back to more prosperous