Life Insurance As A Transfer Of Wealth – Total Financial Solutions Safer Money Hour – August 15, 2017
Life Insurance As A Transfer Of Wealth – Total Financial Solutions Safer Money Hour - August 15, 2017
Hosts: Arif Halaby & Jeff Girard
Topic: Life Insurance as a form of wealth transfer
On this episode of Total Financial Solutions, Hosts Arif Halaby and Jeff Girard discuss the complexities of life insurance and how it is can be a valuable option for transferring wealth to the people of need in your life, whether they be children, spouse, etc.
Life insurance has the potential to be important if properly utilized in a comprehensive retirement plan, helping loved ones recover from financial risks and unexpected costs, increasing their chances of reaching long-term goals and dreams.
Previous Episode: Special Needs Trusts – Total Financial Solutions Safer Money Hour – August 8, 2017
How to Utilize Life Insurance
If your family depends on your income, it should be the basis of any solid retirement plan because you can’t invest your way out of an untimely death. When a spouse passes away, the survivng spouse may struggle to meet income needs. Life insurance can be used to iensure enough money is available to replace any lost social security or other income.
Keep Your Retirement Savings on Track
Total Financial Solutions offers assistance with preparing for retirement and financial planning in Santa Clarita and the surrounding valleys. Santa Clarita financial advisor Arif M. Halaby, a Certified Estate Planner, and Total Financial Solutions staff work with people of all ages, helping them protect, grow and preserve their assets through an individualized approach. Arif Halaby is also the host of “Total Financial Solutions Safer Money Hour” on KHTS AM-1220. Launched in 2004, the show offers listeners from Santa Clarita financial planning tips and guidance for dealing with today’s ever-changing financial needs.