In the Fourth Week of Planning, My Advisor Said to Me…

Put Together a Full Strategy

There are many pieces that come together when implementing any part of a good financial plan.  When considering life insurance, one should consider the:

- Amount of coverage that is appropriate

- Product that fits the purpose of the coverage

- Premium amount that cash flow can afford

- Funding strategy that works best

- Appropriate owner and beneficiary for the plan

The scenario outlined below follows the strategy we generally use when helping a client determine their need and complete their planning to fulfill their goals.  Heirmark is proud to contribute our experience when someone contemplates the appropriate components of their financial plan.  Contact us with any questions or opportunities to help your clients achieve their goals.  This is what we enjoy doing for only a select number of families, businesses, and charitable institutions each year, and we look forward to hearing from you.