Clients sometimes view insurance only as a cost instead of an investment that protects their wealth and legacy. Recent shifts in the insurance market have led to many clients paying more and getting less from their policies. Read more to learn about how you can reframe the insurance discussion with your clients and explore reviewing or supplementing coverages.

To secure the wealth that clients are working so hard to build, advisors can turn to asset protection solutions such as the domestic asset protection trust (DAPT), a type of irrevocable trust designed to strategically shield wealth within US borders. Used correctly, DAPTs can be one of the strongest lines of defense in a client’s financial and estate plans. However, to be effective and withstand legal scrutiny, DAPTs must be carefully structured with precise attention to detail and timing. Read more to understand how DAPTs work.

Are Your Clients Saving Enough for Retirement?

Many Americans have little or no retirement savings and are worried about whether they can ever afford to stop working, let alone provide for others after they pass. Read more to learn about how advisors can help ease retirement fears by viewing savings, asset protection, and legacy gifting as part of a holistic financial planning strategy.

This information is for educational purposes only and cannot be considered legal advice, nor does the receipt of this newsletter create an attorney-client relationship.