by Greg Bates | Sep 13, 2021 | Financial Industry News, Insurance Planning
BKA Financial & Proformex have entered into a strategic partnership aimed at improving the life insurance ownership experience for clients. Their objective is to further redefine the industry standard for post-sale policy servicing by providing easier access to...
by Greg Bates | Nov 9, 2020 | Estate Planning, Financial Industry News
The 2020 election has been fraught with uncertainty and anxiety for most voters. As the dust settles and a clear winner emerges, what does it mean for high and ultra-high net worth families and their estate plans? Although Congress remains divided with Democrats in...
by Greg Bates | May 29, 2020 | Financial Industry News, Insurance Planning
The interest rates on loans, including bonds, are at an unbelievable low due to the global pandemic. This will affect the health of existing life insurance policies. What’s Happening Whole Life and Universal Life (not variable or indexed). These are called...
by Greg Bates | Nov 22, 2019 | Estate Planning, Financial Industry News
In Revenue Procedure 2019-44, the IRS has released the official inflation adjustments for 2020, and the adjustments relevant to estates, trusts and gifts are all as expected. For an estate of any decedent dying in calendar year 2020, the basic exclusion amount will be...
by Greg Bates | Feb 15, 2019 | Estate Planning, Financial Industry News
Sen. Bernie Sanders (I-VT.) recently unveiled a plan to dramatically expand the federal estate tax on the wealthy, including a new 77 percent rate on billionaires’ estates, as leading Democratic politicians push new taxes on the richest Americans to combat...
by Greg Bates | Nov 2, 2018 | Financial Industry News, Insurance Planning
National Long-Term Care Awareness Month is an annual designation observed in November. Did you know that 70% of men and women over the age of 65 will need some kind of long-term care services? This kind of care can be very expensive and take a toll on the family as a...
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