Posted by:
Jeff Reed on 12/27/2011
There was a significant announcement from one of our carriers this month. In one of many decisions at the carrier level based on current economic environment, Lincoln Financial Group
announced that they are reducing all current interest rates to guaranteed minimums effective January 1, 2012. You can read about it
here. So what are we to make of this?
Posted by:
Kestler Financial Group on 12/27/2011
Inside this Issue:
- A reminder regarding employer-owned life insurance tax
- Revised Suitability and Product Comparison Worksheets
- American General Rate Change
View the full email here.
Posted by:
Jeff Reed on 12/20/2011
Remember all the silly rules we lived by as kids? Most of them are all lost in the fog that is my memory of those years, but the "No Take-Backs" is pretty fresh in my mind. Why? All of the gifting we execute as part of financial or estate plans. A rather common concern is the loss of control that comes with gifting away an asset, and I am sure that more than one person has wished that they could take it back. Don’t get too excited, irrevocable still means irrevocable. Some recent legislation, however, leaves a backdoor open for someone who has gifted away an asset that they want back in their control.