Tuesday Tips – July 19th, 2016
LFP Closing Early
Legacy Financial Partners will be closing at 3cst on Friday July 22nd due to renovations. LFP will reopen at normal business hours on Monday July 25.
F&G Rate Decrease
F&G has announced a decrease in caps and spreads for most products that takes affect August 5th. In addition F&G has also announced that it will be dropping the rollup and bonus on the Prosperity Elite Series as well as the Safe Income Plus effective August 5th. There is no rate lock for the rollup and bonus decrease so applications must be issue by August 4th to receive the current rollup and bonus. Call today for details.
Capital Transfer is the process of converting existing assets into a tax efficient format for wealth transfer. Life insurance is a great tool for this. We have a comprehensive guide that discusses how to transition a variety of assets and leverage them with life insurance in order to reduce taxes and increase legacy. Call today to request your guide.
A recent Allianz Life study found that while 93% of Americans think positively about living longer 70% of them feel financial un prepared for the prospect.
Equitrust WealthPay Life
Equitrust’s WealthPay life is a simplified issue IUL designed to spread the tax burden of qualified assets and to increase the value of those assets to be left to heirs. In addition the product offers competitive caps up to 9% and provides for chronic and critical illness. Call today for additional details.