Research shows that good dental health is essential to your overall health. Protecting your smile starts with regular visits to the dentist and a good dental insurance plan.
Asset protection is the concept of and strategies for guarding one’s assets, which may include real estate, bank accounts, investments, life insurance, personal property, etc. Asset protection strategies seek ways to protect assets from being absorbed or taken by others. Asset protection strategies can also be designed to protect a family home, business interest, money or other assets from being taken by the government if an individual later needs to depend on the government for support or medical services.
A variety of supports and services designed to help people live as independently and safely as possible when they can no longer do so on their own. Seven out of 10 people over age 65 will need long-term care at some point in their lives. Some people think that long-term care only covers nursing home expenses. In fact, half of all long-term care services are provided in the home. Long term care services assist with day to day activities such as medication management, personal hygiene, light housekeeping or meal preparation.
Navigating the maze of Social Security can be extremely confusing. There are up to 500 different strategies a married couple can choose from, so it is not a “one size fits all” decision. Also, the fact that Social Security Administration personnel are not trained or equipped to offer specific planning advice, it makes having a unique and personal plan in place of utmost importance.
Our advisors utilize software and big-data that can narrow the options for individuals approaching Social Security age, that can take the guess work out of this very important decision.
Since health care is one of the most significant expenses seniors face, your Medicare costs and benefits should be a crucial part of your budget when planning for retirement. It’s essential to have a solid understanding of Medicare basics, including benefits and expenses. We believe that completely understanding your rights and entitlements under all the different Medicare plans is important. From there, you can effectively choose the program that makes the most financial sense for you.
If you would like more information, please go to www.medicare.gov.
No matter what stage you’re at in life, life insurance can benefit you. Whether you’re young and single with no dependents or an empty nester reaching retirement age, life insurance is an essential element of financially protecting the future of those you love. Ultimately, it helps ease the financial burden on your family by providing the funds they need to cover burial expenses, provide an income, pay off your mortgage and other outstanding debts, fund future college expenses for children. There are many different reasons to have life insurance, but the most common goal is to help their families’ maintain their standard of living.
As a business owner, you know that your company is only as strong as the employees who work for you. It’s up to you to keep them feeling rewarded and appreciated by offering the right key employee benefits. Key man insurance merely is life insurance on the key person in a business. In a small business, this is usually the owner, the founders or perhaps a key employee or two. These are the people who are crucial to a business–the ones whose absence would sink the company. Having the proper coverages on these key employees is critical to business continuation and sustainability in the event of an unexpected workforce lose occurs.
Our firm can assist you in understanding the opportunities and potential rewards that are available when you take a proactive approach to your financial situation. We have created a website, www.griffinowensfinancial.com, to help you better understand the financial concepts behind insurance, investing, retirement, estate planning, and wealth preservation. Most importantly, we hope you see the value of working with skilled professionals to pursue your financial goals.
We work with industry-leading insurance carriers to provide specialized coverages and programs designed to address liability and property risks that threaten the success of a business. We will review your existing insurance program, assess your operations and the products and or services you provide, as well as your use of contractors and subcontractors to put together an insurance plan that works for your business. We may discover during our review that gaps exist in your coverage and will show you how we can address them, so you are not putting your business, projects, employees, clients and hard work at risk.