Case Studies

Back in the ’70s, “Pay me now, or pay me later…” was the catchphrase for an oil filter commercial. The guy’s point on the TV screen was that “later” was going to be much more expensive. A few mistakes areRead more “Zappos Founder, Tony Hsieh, Didn’t Have a Will – So How’s That Going?”

Its been four years since the Artist Formerly Known As Prince passed away, and growing issues continue with the settlement of his estate. Problem What’s wrong with a reported $300 Million estate and inadequate Planning? Solution Purple Rain is aRead more “Years Later, Prince Estate Struggles”

Ronald Reagan popularized the phrase “If it ain’t broke, don’t fix it.” In many cases, that’s good advice. If, however, you’re a crew member on a submarine (like I was) – it’s not good advice at all. We were trainedRead more “Life Insurance Needs to be Treated Like One of the Systems on a Submarine”

Man on phone receive bad news

One of the things I’ve learned in this job is that we can’t always prevent bad news, but what we do can lessen the impact of that bad news. Here’s an example: Problem George died. He was lean and activeRead more “What? George Died???”

Amazon is not the only company that has bargain days for their clients. For one of our recent clients, we were able get a new policy issued at a provider’s Standard rate, even though they had some preexisting conditions whichRead more “Table Shave? How to Save Money on Life Insurance!”

The issue of marijuana use continues to evolve no matter where you live.  While your state, like here in California, may have legalized the drug, the federal government still classifies the substance as illegal. As states push on despite theRead more “Marijuana and Life Insurance: Your Preferred Rating Doesn’t Have To Go Up in Smoke”

When I met Mike and Shelly, they were living in a small apartment with two young children. Their love for each other and commitment to family values was readily apparent. She was a stay-at-home mom, and he was on theRead more “Learn the Importance of Updating Your Life Insurance Policy from Mike and Shelly”

Are life insurance companies pushing it by asking for the data on your fitness trackers? Well, whether you’re for it or against it, John Hancock Financial is one company that it’s doing just that. Policyholders who allow them to accessRead more “Should You Give Life Insurance Companies Access to Your Fitness Tracker?”

Background: I recently attended an Estate Planning Council meeting. The program was based around case studies. They throw out a scenario; and have an interdisciplinary discussion about how to deal with all the ensuing pitfalls. The Problem: Upon reflection, itRead more “Stratus Case Study: Anticipating Pitfalls”

Avoid Financial Surprises

Background: A recent UBS study found that 56% of widows experience a financial surprise at the death of their spouse. Additionally, a widow can expect an average 37% decline in income – money that won’t be there to maintain theirRead more “Stratus Case Study: Avoiding Financial Surprises”