Complimentary Policy Auditing Service
If you’re like most people, you probably bought your insurance long ago, put it in the bottom desk drawer, and haven’t given it a second thought. Has anything changed since then? Do you still have the right amount of coverage? Do you have the right type of coverage? What about your beneficiaries? Are they likely to pre-decease you or have they already? Are they minor children? Are they an ex-spouse? This is important stuff and the key is to have it right before it’s too late. You may also be able to pay substantially less for your coverage or increase your coverage for the same amount you currently pay. Fact is, people are now living longer, healthier lives. Health impairments that were once life threatening or even fatal are now very treatable due to advances in medicine and patients can expect to live a normal life expectancy. As a result, costs of insurance have come down dramatically, and in many cases, despite older age or certain health risks you may be able to do much better. As independent agents, we will survey the entire marketplace of top-rated carriers to find YOU the best deal and provide you with a FREE unbiased report.
Guaranteed Lifetime Income
Due to healthier lifestyles and advances in medicine we are now living longer than ever. In fact, for a married couple age 65 there is almost a 50% chance of at least one spouse living until age 94 and a 10% chance of living until age 100. That’s great news, but this means we must carefully plan for our money to last us 30 or more years, while being prepared for unexpected medical and/or family expenses. In a recent survey 61% said they are more afraid of outliving their retirement savings than dying. Have you and your spouse discussed how to maintain your current lifestyle no matter how long you live? Learn a simple, little known strategy you can use to create income guaranteed for life that you AND your surviving spouse can NEVER outlive!
Tax Free Wealth Accumulation
There are well known tax favored plans allowed by the government such as traditional IRA’s or 401K’s, and you should take advantage of them, especially if your employer matches contributions. However, there can be harsh penalties for early or late withdrawals, adverse tax consequences later on, and strict limits on contributions. Perhaps you want to put away more money on a tax favored basis or you may need money earlier than expected. What if you could invest as much money as you would like tax deferred AND have tax FREE access to YOUR cash any time with no early withdrawal penalties and/or fees? You can! There are lesser known plans also allowed by the government where you can accomplish exactly that. In addition, in the event of premature death, these plans pay 10x or more of account value to your beneficiaries, income tax free! Imagine your own private self-completing Roth IRA with virtually no contribution limits, or income restrictions. This might be just what you’re looking for to help you better and more efficiently meet your cash needs at or before retirement.
Brilliantly Use Leverage to Create theRetirement of Your Dreams
You know you should be putting away more money for later but the demands on cash flow for current needs take priority. What can you do? Well, you borrow money to buy a house, you borrow money to buy a car. What if you could borrow money to fund your retirement? What if the underlying asset were so powerful that it created its own cash to pay back the borrowed money and you get to keep the remaining cash tax-free and create a lifetime income stream? You can now do this, with a specially designed asset used for retirement so powerful that banks are willing and happy to lend you money for on a non-recourse basis. If you qualify for this amazing opportunity, in some cases, you may be able to create $1Million or more of supplemental tax-free retirement income with very little or no cash out of pocket!
Capture Market Gains on the Upside with100% Protection on the Downside
Are you worried about the next market crash and how it will impact you? The “experts” will tell you to just “ride itout”, but keep in mind that a 25% loss takes a 33% gain to be made whole, a 50% loss needs a 100% gain, and can take as long as a decade when you figure in commissions, fees, and inflation! This is your money, not theirs, and most likely what you’re depending on for your family’s financial security. What if you were able to make money when the market went up but lock in your gains and stay put when it goes down? Well, now you can - imagine being in Vegas playing black jack, if you win you make money, but if you lose, you keep your money! Learn how you can take the risk, guesswork, and worry out of your financial future and replace it with invaluable peace of mind knowing you have safety of principal!
We live in a litigious society, and the scary reality is that you just never know when you might become the defendant in a lawsuit. What if someone slips, falls and gets badly hurt on your residential or business premises? What if one of your employees is a bit careless on the job or on the road at the wrong time? The key is to have your ducks in a row BEFORE it happens and it’s a lot easier than you may think. Unfortunately, many people associate asset protection with exotic off-shore trusts, expensive legal fees, and limited access to their money. It’s no wonder they put it off. But, there is a very simple, little known strategy, so simple that you can start today, that would protect your cash BY LAW from the reach of creditors while still having immediate access to your cash! Protect yourself, your business, and your family TODAY!
Can your business survive the loss of you or one of your partners? Do you have a plan in place spelling out how your business continues after retirement or an unexpected catastrophic event? If you do, is it properly funded to buy out the survivors? If not, you could easily become partners with your deceased partners widow and/or children whether you want to or not. The importance of having a funded buy-sell agreement in place cannot be overstated. If this is something you’ve been putting off, you might be surprised at how simple this is to take care of. You might even be more surprised to see how you may be able to properly fund yourbuy-sell agreement AND create tax-free cash reserves for the business with little or no cash out of pocket!
Executive Benefits & Compensation
If you’re a business owner then you already know one of your toughest challenges is finding good people. If you are lucky enough to already have a great team, then what are you doing to make sure you keep them happy and loyal to you? Do you currently provide them any unique benefits or bonuses they’re not likely to find elsewhere? If so, is your plan properly funded to provide the benefits promised? Keep the edge over your competition by providing unique, customized benefit packages to your key employees with surprisingly little cash out of pocket. In some cases you can also get substantial current tax deductions for your business.
Give away your IRA or 401K twice
Would you like to leave moreto your family? Would you like to domore for your favorite charity? Would you like to do more for your family AND favorite charity without shortchanging either? Learn simple, yet little known strategies to unlock dormant assets you might not even know you have, and give away the same asset TWICE to your favorite charity AND beneficiaries!
A very common, but very costly mistake people make is dying without an estate plan. Even if you fall well below the current exemption, you still need a clear plan to make sure assets stay out of probate and smoothly pass on to your intended beneficiaries. No matter what your net worth is, if you die without a plan, the state will make a plan for you. This can cause your assets to pass to unintended beneficiaries, tie up assets in probate - possibly for years creating unnecessary costs and legal fees, not to mention the chaos and stress on your family causing bitter fights and ending relationships. As of 2016, over 55% of Americans do not have a will, and it is estimated that over $3.5 Billion is spent annually on probate costs and legal fees!
If your total net worth is greater than the current exemptions, will your heirs have the cash to pay your estate taxes 270 days after yours and/or your spouse’s death? If so, have you protected them against income & estate taxes on the available funds? If not, in order to avoid substantial penalties, your family will be forced to desperately liquidate your hard-earned assets to pay estate taxes. We work with nationally renowned trust & estate law firms to assist in using allowable techniques to reduce or in some cases, completely eliminate estate taxes. If taxes are still due after planning, we can show you how to provide immediate cash, income & estate tax free to your heirs to pay estate taxes and keep all assets intact. No matter your wealth, do not overlook this enormously important part of your planning, you might find it much simpler than you thought to have a solid estate plan in place. In some cases, just having a simple will can make all the difference! Get it done TODAY, call 1-800-900-9182
Call TODAY for a FREE No Obligation Consultation
Do these strategies sound too good to be true? The above strategies are possible because they involve the application of custom designed insurance contracts. Because of their highly favored legal and tax status, with guarantees backed by some of the highest rated financial institutions in the country, this asset class gives you protection and benefits that you simply will not find in other financial instruments. Few are aware of what this unique asset class can help accomplish, quickly overlooking it rather than enjoy the incredible benefits and sense of accomplishment it provides.
Maybe it’s time to take another look at this asset class and see its power for yourself and all it can do for you and your family. It allstarts with a conversation. It’s very simple, it all boils down to better protecting what you’ve worked so hard for, reducing or eliminating risk and adding some certainty and peace of mind to your financial future. If this makes sense to you, then call me today and let’s have that conversation. You’ve got nothing to lose and so much togain. Either way, YOU Win!
Joseph M. Galluzzi, CLU©, ChFC©
Please don´t hesitate to call us with your questions no matter whether you are already a valued customer, a potential client or if you simply need expert advice. There will never be a charge for our assistance or for a friendly, no-obligation chat.