April 2021 By George Paulsen, CPA, Tax and Advisory Partner of Hood & Strong LLP There is a lot of pending legislation in Congress right now. Of note, Senator Bernie Sanders is proposing a far-reaching estate tax that would apply to the top 0.5 percent of American taxpayers, which he is calling the “For the 99.5% […]

January 2021 Life insurance is complicated. Even if you already have a life insurance policy, you may need to have a trusted advisor review it to make sure that it is still “in force”. A major part of reviewing policies involves in-force illustrations. Here we outline the who, what, when, where, why (and how) surrounding […]

By George Paulsen, Hood & Strong LLP November 2020 Is it time to give your children your vacation home or a rental property you own in California? Proposition 19 that just passed suggests it might be the right time. In the last election Proposition 19 was voted into law. This new law, effective February 15th […]

What is the Life Insurance Policy Locator Service? If you’re faced with the tragedy of the loss of a loved one, dealing with their life insurance situation is one of the last things you want to deal with while you’re grieving. If you don’t have a life insurance advisor by your side, you may not […]

COVID-19 has upended life as we know it for millions of people around the world. Many of us—including the young and healthy—are seriously contemplating our mortality for the first time. As the parent of a toddler, with a baby on the way, I’m definitely in this camp. It’s deeply unsettling to ponder how this virus […]

So much has happened in the last few days and weeks that I feel like months have passed. Social distancing is now on everyone’s lips. And the goal is noble: flatten “the curve” and prevent more people from getting sick from the Coronavirus. The impact, though, is being felt in so many ways by so […]

If you’re like me, your social-media feeds are jammed with headlines about getting “healthy and fit” in the new year. Of course, they’re referring to diet and exercise and common resolutions to drop pounds and work out more often. But it’s just as important to be concerned about your financial fitness—where you can also drop […]

Life insurance blah blah blah. Is that what you hear when someone mentions it as part of your new job’s employee benefits round-up or when you see something about it on TV or social media? Not to worry: we’ve got the low-down on what you need to know. And it’s really not as overwhelming (or […]

Preston Newby was a youth minister. He and his wife, Tara, were driving with their son to visit family—excited to announce a new baby on the way. In the keeping with the kind of person Preston was, he stopped to help at the scene of an accident. That’s when he was struck by another car […]

First off, great job on buying life insurance! You took an important step by protecting the ones you love. Every life insurance policy requires you to name a beneficiary. A life insurance beneficiary is typically the person or people who get the payout on your life insurance policy after you die; it may also be […]