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When the Tax Reform Act of 1986 became law, most financial professionals saw what they had lost—deductions, shelters, and loopholes. A few saw something entirely different. Buried deep in that ...
NASCAR star Kyle Busch and his wife, Samantha, recently said they lost more than $8 million after buying a life insurance ...
The majority of American workers — 53% in 2024 — have life insurance through their workplace, according to LIMRA. However, as the cost of living rises, most workplace life insurance policies fail to ...
Life insurance trusts, particularly irrevocable life insurance trusts (ILITs), can minimize estate taxes and protect your heir's inheritance.
“You’re worth more dead than alive!” the greedy Mr. Potter tells George Bailey in the classic film "It's a Wonderful Life," referring to Bailey’s life insurance policy. That may have been true for the ...
Issues around financial security are deeply personal, especially when life shifts unexpectedly around you. For me, that moment came when my company relocated me from Hong Kong to New York City. My ...
Will a recent lawsuit by NASCAR start Kyle Busch and his wife shine a bright light on potential problems with indexed universal life?
Financial services firm Aspida plans to expand its presence in Durham by 1,000 jobs after agreeing to an incentives package ...
With millions of people projected to lose health insurance over the next decade, President Donald Trump's administration appears ready to ease access to a potentially cheaper form of coverage. The ...
“I never thought something like this could happen to us," he said. "These policies were sold to us as part of a retirement ...