In just a few short days, we will turn the calendar page to a whole new year. It will be 2023. Just as we have new opportunities each day for a fresh start and a new beginning to expunge anything that may have taken us off our game a bit whether that is overspending, overeating, or overindulging in any area, we also have a fantastic opportunity to embark on a new year filled with ample opportunities, dreams, and goals. Now, Take a step back and think about the past year. What was good and what are the areas where improvements can be and should be made?
Life insurance is a Must. if you have dependents and need to insure compensation for them if you incur any kind of illness and when you die, you need to have life insurance, but what kind of insurance is the question. There are two basic types of life insurance: permanent life and term life. There are several types of insurance that fall under permanent life. Let’s Break these down…
Estate planning is necessary to ensure that assets will be secured for loved ones upon death or incapacitation as well as making sure children, if there are any, are cared for according to the person’s wishes. It does not need to be complicated, but you do want to make sure that it is done properly.
Trusts are also somewhat of an enigma which often tends to scare people into inactivity, causing even more problems in the long run. So let’s dispel some of the myths about trusts and delve into the eight main reasons why they are beneficial and even necessary.
It is necessary to know the difference between the two most common types of life insurance: whole life and term life. They are similar in some ways but very different in others. Following are the basics between the two that may help you decide which is best for your needs. Life insurance is a must if there are other people who depend on you for your income.