Call: 203-637-6655 or email – Kyle Shepard

Category: Retirement Planning


A ILIT Tune up is in order
Retirement Planning September 11, 2018

A ILIT Tune up is in order

It is clear that the “Tax Cuts and Jobs Act" of 2018 has increased the point of concern for estate tax planning to beyond $20m for married couples. But the use of an Irrevocable Life Insurance Trust continues to have planning value, especially with the sunset clause in the tax change pending in year 2026. [...] Read More
ILIT’s – still a powerful legacy tool
Life Insurance / Protecting Assets / Retirement Planning March 20, 2018

ILIT’s – still a powerful legacy tool

As we are all aware, our industrious leader, Donald Trump, has dented the legacy planning business with his Estate Tax revision effective in 2018. But there is a big question as to whether Trump can hope to be re-elected for a second term with all the vitriol. If he is unsuccessful, it would seem likely [...] Read More
Focus on the Term(s)
Life Insurance / Opinion / Protecting Assets / Retirement Planning February 13, 2018

Focus on the Term(s)

Managing the policy conditions of a “Term” life policy would seem to be relatively straight forward. The Term is the number of years the policy is inforce with a level premium. It can be 10, 15, 20, or 30 years. So during those years as long as the premium is paid on time, or within [...] Read More
Lapse Traps – Keeping Life Coverage in Force!!!
Life Insurance / Opinion / Protecting Assets / Retirement Planning February 6, 2018

Lapse Traps – Keeping Life Coverage in Force!!!

The normal thought to keeping Life Insurance coverage in force so the benefit is paid when the insured dies, is to “pay the premium” when due. But it can be much more complicated than just paying the premium. Certainly, if you have a term policy with temporary coverage, prompt payments are the simple solution. Your [...] Read More
A Better Understanding of Life Insurance Held in a Trust
Life Insurance / Opinion / Protecting Assets / Retirement Planning January 23, 2018

A Better Understanding of Life Insurance Held in a Trust

A Better Understanding of Life Insurance Held in a Trust. Even with the new revisions to Federal Estate taxes, Trusts funded with Life insurance will continue to be a popular planning tool. Whether you focus on the sunset clause of the revisions in 2025, or the fact that most individual states still levy estate taxes, [...] Read More
Long Term Care – What the NAIC knows that we should know
Retirement Planning August 22, 2017

Long Term Care – What the NAIC knows that we should know

The National Association of Insurance Commissioners (NAIC) convened a task force in July, principally to address the future of traditional Long Term Care insurance policies. Traditional policies are those where you pay a premium for a specific benefit and duration, but you build no policy value. Specifically, the task force is examining legislation similar to [...] Read More