[QUESTION] I know that hurricane season starts on June 1. What should I be doing to protect my home (and my finances) from storms this summer? [ANSWER] This is the perfect time to take steps to help your home avoid damage from summer storms and other weather. Hurricane season runs from June to November, and [...]
A solid financial plan for small businesses is vital, and part of that financial plan should be insurance. Insurance is essential to preserve small businesses, cover their assets, and safeguard their employees. Here are some types of insurance coverage a small business should have and why this is critical to your financial plan. General Liability [...]
Generally, to be considered a tax-free exchange rather than a taxable surrender, you cannot receive the annuity proceeds directly—the proceeds from the annuity must be paid directly to the long-term care insurance company. Also, Section 1035 applies only if both the annuity contract and the long-term care insurance policy are owned by the same person [...]
