Year-End Tax Plan Sales Targeting Doctors, Business Owners

The last quarter of the year is historically an active time for physicians and business owners and their tax, legal and financial advisors. Given increased regulatory issues, I.R.S. scrutiny and increased fraud, it’s vital that you do some basic due diligence before you pull out your checkbook. Doctors are heavily solicited for a variety of tax and […]

LIfe Insurance for Doctors and Business Owners – Key Due Dilligence Questions for Buyers

The last two weeks of the year is high selling season for life insurance polices as doctors rush to fund various retirement plans and as advisers take advantage of year-end wealth-transfer opportunities and favorable deals sometimes available from insurance companies. Knowing the right questions to ask about an insurance policy is a key issue for […]

Key Legal Documents Everyone Facing a Divorce Must Update

A common error after the expense and trauma of a divorce is not updating a variety of key legal and financial documents. You would not believe the number of estate plans and insurance policies that name an ex-spouse as the beneficiary of everything a client owns. Jeff Landers of Bedrock Divorce advisors provides a great summary […]

Advisor Banned By FINRA for bad OBA and R.E. deals with NFL Players

A former financial advisor who cost a group of NFL players $43 million by steering them into a bum casino investment and other bad deals including real estate deals he took a peice of has been banned from the securities industry. See the story: http://www.fa-mag.com/news/advisor-barred-from-industry-for-bilking-nfl-players-13600.html?section=43 I wish I could say this was unusual, it’s not. […]

THE VAULT: Asset Protection, Cash Alternatives and Life Insurance – UPDATED

In the week ending august 14th another 24 Billion dollars left the securities market for the relative perceived safety of cash. These billions  of dollars simply added to the trillions of dollars already allocated that way because of fears of instability in the securities and real estate markets.  This large liquidity position has not gone un-noticed, unfortunately […]

ASSET PROTECTION 101 FOR FOR FINANCIAL ADVISORS, LAWYERS AND CPA’S

This article was originally written for and published by ADVISOR TODAY, the journal of the National Association of Insurance and Financial Advisors. It has been used nationwide as a client and advisor education piece and has been selected for presentation at the annual meeting of the Academy of Financial Planning this fall in Anaheim, CA. […]