Moving Past the COVID Chaos: Tips for Your Insurance, Finances, and Business - August 24, 2020

August 24, 2020
Share |

News. Insights. Analysis. Inspiration.

 

Today's Key Question:

Are you aware of all the leverage a life insurance trust can give you? 

See the article below from JD Supra.

 

"A Tiny Silver Lining From The Pandemic: Small Businesses Are Expanding"

From Forbes:

* Incredibly, despite all the contraction in the culinary world, Sadiq is not alone.

Just in Ann Arbor, half a dozen businesses, including restaurants and shops, have taken advantage of nearby vacancies to expand their operations.

The moves extend from downtown Ann Arbor to the Kerrytown Market district, as well as the northeast Ann Arbor neighborhood where Cakes By Rubina is located. The activity is something of a salve to landlords, who much prefer an occupied space to one that sits empty. And, it’s also encouraging for diners and shoppers, who’ve seen some of their favorite places disappear.

  

"A REGULARLY UPDATED LIST TRACKING MARKETERS’ RESPONSE TO CORONAVIRUS"

From Adage:

* Below, some of the latest actions that major marketers are taking related to the pandemic. For a look back at how brands responded in the first three months, check out our archived coverage here. And for the latest on how companies are dealing with protests and calls for social justice, visit this regularly updated blog.

  

"Blocking COVID Cure HCQ Killed 10s of 1000s Say Latest Docs Calling out Fauci’s Deadly Anti-Science Agenda"

From RedState:

* Last month, I reported on the thousands of doctors and scientists trying to cut through all the media gaslighting and make people understand just how deadly the pseudoscientific quack medicine Anthony Fauci’s been peddling really is. Nobel Prize-winning biophysicist, Michael Levitt, has been sounding the alarm about our suicidal response to COVID-19 from the very beginning:

 

 "Record Low Interest Rates Let You Have Your Cake and Eat It Too – Life Insurance, Investments & Intra-family Loans"

From JD Supra:

* The clients set up an irrevocable life insurance trust to own a life insurance policy on their life. The clients lend the trust sufficient funds to purchase the policy (all premium payments necessary to purchase the policy) plus additional funds for the trust to invest. The trust signs a promissory note to the clients, promising to pay back the loan, with the long term AFR interest rate. The promissory note is an interest only note with a balloon payment of the full principal due at the end of the term. The trust then invests the borrowed funds into a brokerage account.

 

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