by Hans E. Scheil | Sep 17, 2020 | Life Insurance and Legacy
For many retirees that we help, one of the biggest concerns that comes up during estate planning is that the right people are going to get the right amount of money. Life insurance solves this. Life insurance is a way to create an estate with the stroke of a pen. It...
by Hans E. Scheil | Jul 30, 2020 | Assets, Life Insurance and Legacy
You likely have someone dependent on your income to live. While this is usually a spouse, it can also be an adult child, grandchild, or anyone else who relies on you for support. When you die, they are going to need something to replace your income, even if you are...
by Hans E. Scheil | Jul 23, 2020 | Life Insurance and Legacy
Once you reach retirement, it might seem that you don’t need life insurance anymore. Your children are supporting themselves, your house is paid off, you have savings – you’re all set. While this is a great position to be in, every single person should consider...
by Mackenzie Gokey | Apr 23, 2020 | Life Insurance and Legacy
After you die, do you know who you want to receive your money? Are you sure they are going to be the one who gets it? We have seen many instances where, because beneficiary designations were not given the attention they deserved, the wrong person got the money. ...
by Hans E. Scheil | Feb 27, 2020 | Life Insurance and Legacy
Life insurance has been around for centuries and most people understand the financial protection it can provide to your loved ones when you pass. More recently, life insurance companies have been adding benefits that can be used during the insured’s lifetime. We want...
by Hans E. Scheil | Jun 21, 2019 | Life Insurance and Legacy
Once you retire, it can seem like the need for life insurance goes away. Your children are grown and have their own jobs, your spouse has Social Security coming in every month, you have low or no loans, and your bills are a little smaller than they were when you were...
by Hans E. Scheil | Apr 18, 2018 | Life Insurance and Legacy
When a parent dies, the last thing a child wants to think about is how they are going to pay the bills. For many, this is a sad reality. There are many things that adult children might have to pay for after a parent passes, including: Income for the surviving parent...
by Hans E. Scheil | Apr 18, 2018 | Life Insurance and Legacy
According to the American Council of Life Insurers, 99% of all life insurance claims are paid to beneficiaries. This leaves 1% that are not paid – are suicide cases apart of this? This raises the question, does a suicide void one’s life insurance policy?...
by Hans E. Scheil | Apr 18, 2018 | Life Insurance and Legacy
When the whole point of life insurance is to give money to your loved ones when they need it the most, you want to make absolutely sure the right people are getting the right amount. In order to do this, you must understand what primary and contingent beneficiaries...
by Hans E. Scheil | Aug 23, 2017 | Life Insurance and Legacy
For many people, the thought of dying is easier to deal with than the thought of becoming incapacitated. What I find, is a lot of folks that are in their 60s and 70s, they don’t want to deal with the thought of incapacity. Denying the problem doesn’t make it go away....
