Moving Past the COVID Chaos: Tips for Your Insurance, Finances, and Business - July 12, 2020

July 12, 2020
Share |

News. Insights. Analysis. Inspiration.

Today's Key Question:

The article below from Wealth Advisor discusses a common problem with estate planning: friction among siblings. Some good tips are provided to minimize the damage.

I would like to add that life insurance is often used for this purpose, to equalize estate distributions. Feel free to contact me for more information.

 

 

"4-Hour Hiring, Welcome Swag, and Other Covid-Era Recruiting Tips"

From Inc.

* Even as the pandemic wreaks havoc on jobs, many employers across the U.S. small and large are still hiring--and Covid-19 is pushing them to adopt new and creative recruiting strategies.

 

 

“How to Find a Job During a Pandemic”

From Entrepreneur:

* I am no stranger to the world of unemployment, but when I was let go from my role as an events manager at Oracle earlier this year, I still panicked. With so many people in the world being made redundant at once, I was worried about how I would fare against other job seekers in the market.

Thankfully, within two weeks I got an offer at a large tech firm. A week later, I was offered a position at a multinational bank. 

Was it because I am an extraordinary candidate? Far from it. It was because I took effective steps in my job search, and so can you. Based on my experience, here are the steps you can take to stand out:

 

 

"The coronavirus has given investors a ‘once-in-a-lifetime opportunity,’ says hedge-fund billionaire"

From Market Watch:

* ‘I know you’re not supposed to say this, but it’s a once-in-a-lifetime opportunity. You’re not going to see this again: Where you’ve actually got an economy that’s fine, and you’ve got a Fed pumping trillions of dollars in.’

 

 

"Three Steps To Estate Planning Without The Family Friction"

From Wealth Advisor:

* One problem that frequently stems from the inheritance process is fractured relationships between siblings. Unfortunately, the common denominator in many of these situations is the parents' estate plan. 

Many parents revise their initial estate plans once their children become adults. Once revised, many estate plans are carefully designed to help efficiently transfer assets to the surviving spouse and eventually the adult children. Unfortunately, this process frequently does a poor job of preventing a serious problem that no parent would wish for. 

 

Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here