ATTORNEY NEWSLETTER Understanding the details of Variable Annuities Variable annuities, considered by some financial advisors to be among the most complicated and least understood product of its kinds, have come under increased scrutiny in 2016, as FINRA, the Financial Industry Regulatory Authority, has declared its intention to investigate them more […]

ATTORNEY NEWSLETTER The Avlue and Drawbacks of Indexed Annuities As the Department of Labor’s more stringent annuity rules go into effect, major sellers of both fixed and variable annuities are having to compensate and adjust both their sales tactics and the contents of their policies. While a number of sellers […]

ATTORNEY NEWSLETTER Reviewing the Variable Annuity Annuities are financial products that are often fraught with complications, miscommunications, and disappointment for policyholders. When seniors or retirees initially buy the product, they are generally expecting that the annuity will be both a sound investment and a means of providing stress-free guaranteed income […]

Re-Inventing the Wheel: traditional vs ‘Modern’ Annuities Annuities have been marketed to seniors as an essential retirement product for decades, and it’s easy to see why: put your lump sum in up front, and received guaranteed income, with interest, for the rest of your days. This is marketing pitch, and […]

ATTORNEY NEWSLETTER Deferred Income Annuity: good deal or bad investment? A Deferred Income Annuity can be thought of as an apple tree; the longer you wait to receive your apples, the bigger they are. We call that the crux of delayed gratification. However, if you die before the income starts, […]

ATTORNEY NEWSLETTER A Consumer’s Guide to Understanding Financial Products It can be hard for anyone to navigate the complex market for financial products: life insurance, annuities, indices, stocks, bonds, hedge funds, Roths, IRAs, and many other esoteric options may seem like a good choice for investment when sold to you […]

ATTORNEY NEWSLETTER Legal Issues Surrounding an Aging Population Many of the major shifts in American society in the last half century can be attributed, directly or indirectly, to the baby boomer generation. It’s been known for years that as that generation ages, it will lead to major changes in employment, […]

ATTORNEY NEWSLETTER The Costs and Risks of Nursing Home Care Paying for Low-Quality It’s well known that the cost of nursing home care can be ruinous to a family’s finances. Most families have trouble absorbing monthly residence fees that can approach $10,000, and it can drain an elders savings and […]

ATTORNEY NEWSLETTER The Risky Business of Buying Insurance What is Long Term Care Insurance? Insurance is supposed to protect you from risk. By paying your premiums over the years, you ensure that when something bad finally does happen to you, you’ll have the funds necessary to assist you and remedy […]

ATTORNEY NEWSLETTER What Makes Annuities Sell? Annuities have become a very prominent part of the financial landscape, with large numbers of senior citizens buying them in order to secure their financial future. Looking at the details of the product, however, it’s not clear that any of the many types of […]