Moving Past the COVID Chaos: Tips for Your Insurance, Finances, and Business - July 16, 2020

July 16, 2020
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News. Insights. Analysis. Inspiration.

Today's Key Question:

New businesses are forming in response to the pandemic. Many of these are partnerships. Partnerships need partnership agreements - which must be funded.

Lie insurance is an ideal funding vehicle. See the article below.

  

"Help Your Employees Manage Their Reentry Anxiety"

From Harvard Business Review:

* As many states are giving the green light to reopen, employers are developing plans to bring employees back to work safely, giving careful thought to schedules, seating configurations, visitor policies, elevator usage, food delivery, and much more. While workforce reentry certainly includes logistical and operational planning, it is not just physical well-being that employers must take into account. Equally important is how organizations will respond to employees’ emotional and psychological health —a topic that, regrettably, is discussed far less frequently.

 

 

"How to Revise Your Estate Plan After Divorce"

From The Examiner News:

* Planning an estate in the aftermath of a divorce involves learning a different type of arithmetic. Without a spouse to anchor an estate plan, the executors, trustees, guardians or agents under a power of attorney and health care proxies will have to be selected from a more diverse pool of people that are connected to you.

 

 

"Arizona Doctor: Freedom Must Be Restored—Without Exceptions"

From Arizona Daily Independent:

* So what can we do to protect the most vulnerable, get back to living, and relieve fear?

In high-exposure situations, such as caring for sick patients, effective masks (not bandanas) are essential—along with eye protection and other precautions. If a person is not infected, the possibility of infecting others is zero. If an infected person is truly without symptoms, the risk to others is extremely low. Sick people should not be out in public—or sent to nursing homes!

While we are crippling healthy people with arbitrary, unproven restrictions, we are suppressing discussion or even misrepresenting or banning ways to protect them, such as adequate vitamin D, zinc, and hydroxychloroquine as an early or preventive treatment. It’s time to open free discussion, as well as the economy.

 

 

"HOW BUSINESS OWNERS USE LIFE INSURANCE TO FUND PARTNERSHIP AGREEMENTS"

From StevenKobrin.com:

* It’s a common practice for business owners to take on partners. While there are many reasons behind why you may want to take this step, there are also some crucial things to consider when entering into a business partnership. What legal bases do you need to cover? How can life insurance protect you, your business, and your family?

 

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