http://www.myassetprotectionplanner.com Plan, Manage, Protect, & Transfer Wealth Thu, 02 Oct 2008 22:03:21 +0000 http://backend.userland.com/rss092 en The circle of safety: How to protect yourself and your family if you die...what everyone must know about life insurance By Sheriece Strickland What you’ll discover in this report: §  How to make sure your family is really protected! §  Cut through the confusing “insurance jargon” and know what a life insurance policy really ... http://www.myassetprotectionplanner.com/29/how-to-protect-your-family-if-you-die/   Summary: Several bills have recently been introduced in Congress with regards to the federal estate tax. Even though there is little chance these bills will pass during this Congressional session, and the exact level of the future estate tax exemption and rate are unknown, this recent legislation, as well as ... http://www.myassetprotectionplanner.com/26/bills-introduced-regarding-federal-estate-tax/   REASONS TO REPLACE AN EXISTING POLICY There are many reasons to consider replacing an older policy with a new one, including:  Secondary insurance company guarantees One of the newer policy design features for universal life policies is the ability to have the carrier fully guarantee the death benefit based on a given premium ... http://www.myassetprotectionplanner.com/23/reasons-to-keep-an-existing-policy/   REASONS TO REPLACE AN EXISTING POLICY There are many reasons to consider replacing an older policy with a new one, including:  Secondary insurance company guarantees One of the newer policy design features for universal life policies is the ability to have the carrier fully guarantee the death benefit based on a given premium ... http://www.myassetprotectionplanner.com/24/reasons-to-replace-an-existing-policy/ Life insurance is typically one of the largest and most valuable assets owned by an individual, a business, or a trust. When your life insurance policies were originally purchased, certain assumptions were made regarding policy charges, interest rates, planned premiums, etc. Perhaps the original reason for your purchase still exists, ... http://www.myassetprotectionplanner.com/22/reasons-to-conduct-a-personal-policy-review/ Why is a gift of a remainder interest attractive? This gift is attractive because it allows individuals and couples to make substantial gifts and generate meaningful income tax deductions without having to change their lifestyles. Let’s assume Mary Ross, age 72, is a widow with six children who live in other areas ... http://www.myassetprotectionplanner.com/7/gift-of-a-remainder-interest-in-a-residence/ IS YOUR LIFE INSURANCE KEEPING PACE WITH LIFE? 1. Are you concerned about preserving the assets that you spent years accumulating? 2. Have you recently had a life changing event? 3. Are you adequately protecting the economic value of your life? 4. Have you properly planned for the unexpected? A yearly review of your life ... http://www.myassetprotectionplanner.com/6/is-your-life-insurance-keeping-pace-with-life/ Wealth Replacement Trusts are one of the most versatile tools in charitable giving. A Wealth Replacement Trust (WRT) is often used to replace the value of assets given to charity. To replace the assets given to charity, the donor creates a WRT, also called an irrevocable life insurance trust, which purchases, often with ... http://www.myassetprotectionplanner.com/2/wealth-replacement-trust/