Insurance

Advisors to the ultra-rich are upgrading strategies for wealth transfer and philanthropic planning.

While proceeds from life insurance are not subject to income tax, there are other taxes that will apply. But there are steps to take to avoid those liabilities too.

Always check and update the beneficiary forms.

Advisors must be wary of “making permanent decisions based on a temporary law,” an expert says.

Tightening regulations and digital innovations are among the most important issues facing distribution channels, executives say.

Caretakers for those with developmental challenges can feel lost when it comes to their financial options.

Many seniors who succeeded in retirement set their sights on becoming millionaires while they were young.

The right health insurance is all that’s needed to use this triple-tax advantaged savings account.

Clients will be better off using the income allocation strategy than the asset allocation approach when building a retirement portfolio, an advisor says.

Clients are advised to start looking for coverage in the marketplace, which will be open for 2019 enrollment from November 1 through December 15.