Risk management and insurance planning are fundamental parts of the planning process. Sequoia Financial Group is here to help you understand and protect against the financial risks that can happen during one’s lifetime. Planning for life’s contingencies is often overlooked, but is vital to the preservation of your wealth and the protection of you and your loved ones.
The role that life insurance plays in one’s planning evolves over time and throughout life’s stages. In our earning years, it is critical to replace our income so that our love ones can pay down liabilities and maintain their standard of living in the event of an untimely passing. As we transition into retirement, insurance is often a key factor in protecting our assets against unforeseen expenses, leaving a legacy to the next generation, and help to minimize estate taxes and transfer costs.
No matter what stage you’re in, we can provide an analysis to ensure that you have the appropriate protection in place.
As longevity increases, living longer means that we need to ensure that clients don’t outlive their assets and income. Annuities can play a valuable role for clients:
An insurance plan that protects income and manages market volatility is a key component in risk and retirement planning for our clients.
Long-Term Care planning is different for every client. This planning is not focused on the singular decision on whether or not to purchase long-term care insurance. Rather, this process is focused on the appropriate strategy to protect your family’s assets and ensure flexibility and control of how and where you receive your care. For many, this includes the goal of passing their hard earned wealth to the next generation. A long-term care event is a risk that everyone should plan for.
Whether you are an employee, business owner or sole proprietor, every client needs to consider protecting their loved ones from the risk of developing a disability during their income-earning years. Our process includes reviewing what is available and what you might already have through your employer and making sure it is enough to meet your family’s needs. If it’s not, we’ll provide you with options to address this risk.