Tag: Financial Professionals
The Potential of Annuities (Ep. 18)

The Potential of Annuities (Ep. 18)

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Annuities are financial products that offer an income stream, usually for retirees.

However, annuities also have some drawbacks, such as fees, surrender charges, and tax implications. 

How can attorneys help their clients in this subject? Can they fit into their estate plans?

In this episode, Greg DuPont explores the world of annuities. He dives into the reasons behind the hesitation towards annuities, highlighting the disconnect between the product’s benefits and public perception. Additionally, Greg also touches on the evolution of annuities, distinguishing between variable and fixed indexed annuities, and emphasizes the importance of understanding annuities as a tool for preserving, protecting, and transferring assets.

Greg discusses: 

  • The negative perception of annuities and the high demand for the product
  • The various types of annuities, including fixed, variable, and indexed annuities
  • Important factors to consider when selecting annuities
  • A potential market disruption and the role of fixed indexed annuity in providing a financial safety net
  • The importance of providing certainty and control to clients, especially during uncertain market times
  • The importance of continuing to learn annuity principles and incorporating them into estate planning 
  • And more!

 

Resources: 

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The Hidden Dangers & Benefits of Life Insurance Policies with David Kottler, J.D., C.A.P. (Ep. 17)

The Hidden Dangers & Benefits of Life Insurance Policies with David Kottler, J.D., C.A.P. (Ep. 17)

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Life insurance is more than just a way to protect your loved ones in case of your death. It has the potential to be a powerful tool to enhance your wealth, optimize your taxes, and secure your financial future. 

However, not all life insurance policies are created equal, and many people are unaware of the hidden risks and opportunities that lie within their contracts. 

In this episode, Greg DuPont sits down with David Kottler, The Life Insurance Doctor, to explore the power of life insurance as a wealth protection tool. They touch on the concept of “DOA” (Dead on Arrival) and the critical issues that lead to policy lapses. David shares real-life success stories where he helped clients maximize retirement income and avoid financial loss.

Greg and David discuss: 

  • David’s background as The Life Insurance Doctor
  • The waste that occurs with life insurance policies and the importance of a policy review to eliminate this waste
  • The three critical problems that lead to life insurance lapses: design flaws, omission to fund the policy properly, and a lack of professional review
  • Real-life cases where clients faced potential financial pitfalls with life insurance policies
  • The need for advocates to prioritize clients’ interests, insisting on independent professional reviews
  • And more!

 

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About Our Guest:

David Kottler has helped clients generate over $10MM of cash and tax benefits in the past 12 months utilizing his “True Value” Life Insurance Review Process. Clients need advocates for their life insurance portfolios to both bring the needed information regarding their rights and values as well as uncovering hidden problems and resolving them. Life insurance is a complicated contract with many nuances that most clients and advisors are not aware of.

It is gratifying for him to be in a position to help such clients and enable them to meet their family and legacy goals through his work. His passion is philanthropy. There is a great need for education and guidance for high net-worth clients who wish to align their life goals with their hard-earned wealth to enable them to understand the “Why” component of their planning. His objectives are to collaborate with clients and his strategic relationships to produce the best results for them financially and philanthropically.

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