We provide both strategic advice and the details of technical constructs assistance concerning the uses of life insurance policies for estate planning to the highly affluent, preferably via their attorneys. Common client goals include business continuation, estate tax minimization, and survivor needs. Proper uses of life insurance in business and estate planning can provide powerful, even unparalleled financial advantages. However, one mis-step with such plans can result in financial train wrecks or unexpected cost escalation. Because our principal and associates have high level skills and credentials in creating and assessing life insurance policies, our clients commonly realize cost savings (greater financial leverage) when exploiting life insurance as a financial planning tool. We also provide fee-only consulting for clients who may be considering the sale or termination of life insurance policies (seller beware). Peter Foley is also licensed to act as a broker, in carefully selected situations where the client lacks his/ her own trusted broker.
Annuities: New Products, New Delivery Channels
In the post-crash era, the topic of annuities for retirement income has become popular. One reason is that some annuities offer advancements that make them far more attractive than those available just a few years ago. Another is that they are highly profitable "packaged solutions" for insurers and commissioned agents to sell. But wait: There are new, no-load annuities available. Some new annuity products can add a valuable dimension to retirement for the right investors. The absence of hefty sales commissions can be a game-changer in considering the appropriateness of an annuity in some cases. Since both annuities and life insurance policies tend to be complex, many seek us to provide guidance on a fee-only basis. We have know-how to fully evaluate virtually any annuity product and to determine if one is right for you.
A Registered Investment Adviser
4 Franconia Ave
Natick Massashusetts 01760
Please see our Disclosure Page. Not available in all states.