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Tax Leveraged Long-term Care Plan

There is an opportunity for your company to pay for a Long-Term Care policy which may be leveraged between different tax brackets, either between your company and yourself and/or your company and a key employee.  The Himmelstein Financial, in cooperation with Lincoln Financial, designed a solution for business members which allows for a transfer of […]

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Tax leveraging the new tax law

Tax leveraging the new tax law Under the new tax structure, businesses may elect to be taxed at a lower rate than individuals that own them. Many owners and their key people may be personally taxed as much as 37% federally.  Even this new rate can be a misnomer because at certain levels of income […]

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Professional Tax Relief Act of 2018 Reap the Rewards

These are exciting times because for the first time in years there are tax breaks that a professional can get that they didn’t have available before.  The unintended consequences of the recent tax act gave opportunity to the professional person that fits in the category if they wanted to be incorporated like a regular corporation.  […]

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Financial Underwriting

Financial Underwriting: When one is writing those larger cases and even some smaller ones the advisor agent can’t assume just because the client wants it that the insurance company will accept the client for what they apply for.  Just like a mortgage the company wants to know if the client can afford it and if […]

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Secrets of Underwriting

Some Underwriting Secrets There are certain companies to go for certain conditions. We know companies that favor people with Heart Disease, diabetes, cancer,etc. We have one company that has given us a standard issue on cases like Parkinson’s, Juvenile Diabetes, Stent patients, Minor cardiac Issues, Former Hep C, and even some cancer victims.  One company […]

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Underwriting Basics

Underwriting At Its’ Best in the Current Market If you have been in the business for a longer period of time, over 10 years, then you have seen significant changes in underwriting.  What you experienced in the past should not necessarily be a sign of the future. Companies now use other means to underwrite the […]

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PIG PLAN

Business owners have toiled tirelessly trying to grow their businesses to a successful stage, and because of no fault of their own, the government limits their ability to get a majority of the profits they justly deserve.  In most conventional retirement plans, the owners must limit the amount they give to themselves because the IRS […]

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The Deductible Insurance Policy

Many an advisor or agent has asked me about tax deductibility of premiums when in fact that could change some of the best attributes of the 4 way tax shelter or the Super Roth for the higher compensated person.  That is right other than the insurance costs which over a long period of time could be […]

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Greatest Time To Find the Money and Opportunities from 1040’s

Taxes, Opportunity Find the Money It’s that unique time of the year that happens every year, Tax time.  Many people in our industry will either have access or could get access to see our clients or prospects tax return.  We have experienced that if you know where the money is, or how it can be […]

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Business Mortgage Leads Program

Many of us in the business have called on personal mortgage leads, which does not require life insurance.  However, to get an SBA loan the government requires life insurance.  Some banks actually require additional disability insurance (special kind) to collateralize the loan.  This is spelled out on our www.sbasuperclose.com and www.practiceloanins.com  websites. The market to indemnify […]

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