Tax Savings Double Down
by Richard S. Bernstein on Apr 13, 2018
Increased cash flow is always a welcome sight on a financial statement.
An Extraordinary Opportunity to Reform the Tax Code
by Richard S. Bernstein on Oct 27, 2017
On September 27, 2017, the Trump Administration, House Ways and Means Committee, and Senate Finance Committee released their unified framework for tax reform legislation. The unified framework left a number of open issues such as the dividing lines for the different tax brackets and whether there will be a higher tax rate for the wealthiest taxpayers.
5 Ways to Leverage your Life Insurance
by Richard S. Bernstein on Apr 8, 2017
Most people purchase life insurance to provide for their heirs upon their death, but did you know that life insurance can do more than replace someone’s income? Below are five ways that life insurance can be used as a financial planning tool:
Banks Believe In Life Insurance, Shouldn’t You?
by Richard S. Bernstein on Feb 17, 2017
You might be surprised to learn that many banks often choose to make life insurance a significant percentage of their top-tier or “Tier 1” capital pools. Banks retain billions of life insurance on their books in order to provide liquidity to substantiate the banks’ other more risky practices. Therefore, the ability to quickly convert the dollar value of a life insurance policy into cash makes life insurance a strong asset to back up other financial investments.
