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Today's Key Question:
Are you confident in the ability of the beneficiary of your life insurance and estate to handle money properly?
If you are not sure, read the article below from Wealth Advisor.
"The stock market cares more about the makeup of Congress than it does the winner of the presidency. Here's why."
* What's driving a split Congress to be most favored by investors? According to Detrick, it's that "Markets tend to like checks and balances to make sure one party doesn't have too much sway."
"Businesses reject study that says generous unemployment benefits don't stop people from working"
* "I've talked to people in multiple states and multiple cities in multiple industries, and they're all saying the same thing, that they're having a very difficult time employing people," Ortiz said.
He added that small businesses, in particular, have been hurt by the $600-a-week unemployment aid from "day one" because it is "a total perversion of our labor market." Instead, Ortiz said his group wants a back-to-work bonus for employers and employees and a targeted payroll tax cut aimed at smaller businesses.
"Physician Explains Why Closing Schools in the Fall Doesn't Agree with the Science'
* "There is virtually zero risk to children for getting something serious or dying from this disease," he continued. "Anyone who thinks schools should be closed is not talking about the risk to children. That's factually true. And they should say that. It has nothing to do with the children's risk."
"Irresponsible beneficiary complicates your estate planning"
* There is something intrinsically understood about protecting a disabled or special needs beneficiary. Although the specific regulations may be complicated, most people recognize government programs frequently require financial eligibility and this eligibility requires the beneficiary to remain under a certain income and asset level. However, we easily can overlook another type of beneficiary that needs protecting – the beneficiary who does not have a discernible disability, but cannot properly handle finances.
These beneficiaries typically fall into two categories: beneficiaries with identifiable problems and beneficiaries who are poor money managers.
Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here